STX 2.50% 19.5¢ strike energy limited

Short squeeze party thread, page-159

  1. 618
    3,194 Posts.
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    If our SP continues to significantly undervalue our intrinsic value AND ED1 comes good with the reserves and contingent resource numbers significantly upgraded, STX should explore selling its operational controlled 50% stake to Hancock for close to our MC, or more. Then we can focus our funds on appraising OH, Arrino and Kadathinni.

    If the MC is consistently well below the sum of parts, then we should really consider breaking up and disposing some assets.

    618
 
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