STX 2.56% 20.0¢ strike energy limited

Australian article re Hancock, page-185

  1. 527 Posts.
    lightbulb Created with Sketch. 109
    Hi wot
    Yes it is bad luck for Mac Bank, but it's worse for all the poor STX shareholders whose share price has been halved.

    And how about the $12.4M fee STX paid for tranche D that looks like it will not be drawn down.

    Let's see how much Mac Bank charges STX for renegotiating the facilities. And presumably that will be a big swag of oppies with a low exercise price.

    Maybe that CR idea isn't so bad after all.



 
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