STX 2.27% 21.5¢ strike energy limited

Strike - undervalued despite company-making announcement, page-33

  1. 750 Posts.
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    Yeh Cherry, that is my point and they obviously liked what they saw.

    So WE has to be bigger than what the market knows, or they would not be interested. So my link in thinking is STX has to be the next target as WGO interest in WE is as non operator, and we already know STX can just park WE.

    By the way you don't just get to have a look at the books in a data room. The directors have to allow you to do this and they can create hurdles that make it hard. I had a client looking at taking over a ASX listed company some time back, approached the directors, but the barriers the directors put up were almost impossible to comply with. My point being (and this is pure conjecture) maybe STX has already had approaches that we do not know about. Perhaps the suiters did not get to look at STX and so they went knocking on WGO door.

    Just conjecture, I would not be surprised to see a offer headed STX way in a while.
 
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Change
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Mkt cap ! $615.0M
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22.0¢ 22.0¢ 21.5¢ $1.234M 5.706M

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No. Vol. Price($)
31 1802211 21.5¢
 

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Price($) Vol. No.
22.0¢ 1027089 14
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