STX 0.00% 21.0¢ strike energy limited

Ann: Terms agreed for $153m Development Funding Package, page-203

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  1. wot
    10,415 Posts.
    lightbulb Created with Sketch. 1479
    Value proposition has shifted fundamentally. This will rerate shortly or be taken over. 640m is too cheap. I suspect Gina pulled strings to get the last min govt policy delay and is the lead weight holding this down at 22.5c. Time will tell. 8.5% shorted at historical lows with no clear exit is very unusual. Every negative rumour has also been proved a lie.
    Last edited by wot: 25/06/24
 
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