STX 1.16% 21.3¢ strike energy limited

Ann: Walyering-7 Flow Test Update, page-32

  1. wot
    9,871 Posts.
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    Not sure why I have to? 615m market cap is the current valuation of West Erregulla - if you factor in gas price then 5 to gas price now 7 (post Csbp gsa revision which apparently Macquarie had already factored in) No intention to give it a rest until the takeover hits or sp returns to near fair market value - 30c minimum. Roll on EB, likely to add 8-10c and disprove Macquaries 100% risk rating on drilling, despite a 80-90% historical success rate.
    Last edited by wot: Sunday, 18:26
 
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