My deciphering is:
- Hancock paid $2/GJ for WGO based on their 2p/2c levels, a price which assumed a $10/GJ spot price (if they were 1p of uncontracted reserves ready to be extracted it would be closer to spot).
- STX once through these next 2 drills will have a similar 2p/2c ratio to what WGO had therefore fair to value them at the same $2/GJ of 2p/2c which hopefully we know in December.
But then I could well be wrong.
Euroz note 60 c valuation, page-5
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.0¢ |
Change
0.005(2.22%) |
Mkt cap ! $657.9M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.3¢ | $1.988M | 8.774M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 522260 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 524269 | 8 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |