STX 6.38% 25.0¢ strike energy limited

Ann: 3Q FY24 Quarterly Report & Appendix 5B, page-219

  1. wot
    9,747 Posts.
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    Is 800m excessive? This is how discounted we are.. better atm to suspend drilling.. divest the 100m pa walyering freecashflow (assuming extensions) as a 20% dividend cheque nxt 5-10 yrs.. sell West Erregulla to Hancock for 500m and buyback the entire share capital. We all end up free carried with a 20% annual dividend.
    Last edited by wot: 26/04/24
 
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