STX 2.44% 20.0¢ strike energy limited

Ann: Quarterly Activities Report & 5B, page-63

  1. 5,719 Posts.
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    All is going well Matt:
    Shareprice is doing well,
    JAWS is only experiencing a minor issue although that issue still hasn't been fixed after 23 days and no known fix date
    We don't actually know how big the spike on 1/1/19 was - why not disclose this?
    We dont know what the actual target threshold is,
    There could be liquidity issues in March if CBA dont extend payment terms, cash will get tight by May regardless though, assuming CBA do renegotiate then STX will enter 1 April with $6m cash and no undrawn facilities.

    But all is good and no one is worried.
 
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