I have to call out this post on STX cash situation as a bit misleading.
The cleanest way I look at it is: At the end of June the cash position is as stated at $128m, that is what is in the bank. On top of this, there is a $73m debt facility of which STX have drawn $26m, leaving $47m available. And a $80m facility earmarked for Erregula gas facilities.
That's $128m + $47m + $80m = $255m total cash + funding. A bit different to the $100m you worked out.
TPD Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held