Market reaction suggest Strike Energy have made the a wrong decision as STX lost $100,000,000 Market Cap today.
TPD valuation of Perth Basin assets at $7Gj-$8Gj was 30c
WA currently trading ~$11Gj
Strike Energy offer was 21c.
hahaha - I'm comfortable with Management's decision.![]()
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- Colby's Response to STX Offer
Colby's Response to STX Offer, page-205
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