STX 3.26% 22.3¢ strike energy limited

Ann: 2Q FY24 Quarterly Report & Appendix 5B, page-138

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 8,708 Posts.
    lightbulb Created with Sketch. 3350
    Maybe you should start with this in terms of your cash flow projects, realising that Walyering was still ramping up during Q4

    https://hotcopper.com.au/data/attachments/6031/6031059-96c60fe0b0505c3acac28125e4555f18.jpgAlso I see You've also gone from this in your third last post:

    Note that the gross sales of approx. $12.9 million PA. i.e. $3.25 million PQ will come with a lot of additional costs.Even if the sales during this year are doubled to $25.8 million, STX will still be insolvent in the fourth quarter.

    To this in your second last:

    Gross income of $19.64 million per quarter.


    Also, have you taken any account of STX's booked 2P/2C reserves in your valuation?

    Maybe do a little more research before announcing they will be insolvent and need a large capital raise soon. Or at the very least, expect strong push back.
    Last edited by invertedva: 14/03/24
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
22.3¢
Change
-0.008(3.26%)
Mkt cap ! $630.3M
Open High Low Value Volume
23.0¢ 23.0¢ 22.0¢ $562.0K 2.512M

Buyers (Bids)

No. Vol. Price($)
34 1463287 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 1190203 47
View Market Depth
Last trade - 15.29pm 16/10/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.