STX 2.63% 18.5¢ strike energy limited

Speculative Value, page-124

  1. 614 Posts.
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    The IRR used was 26% which to my untrained eye seemed conservative? Thought IRR usually 12-15%.

    https://hotcopper.com.au/data/attachments/2511/2511176-d7a95485f70020d6dd32e29c3a1c1c41.jpg
    Also the above was interesting, validates what @rexsh had been saying about Spot vs long term contracts.
 
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