STX 3.75% 19.3¢ strike energy limited

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

  1. wot
    9,941 Posts.
    lightbulb Created with Sketch. 1396
    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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