STX 2.27% 21.5¢ strike energy limited

Yep, I understand what you are saying. It is difficult to...

  1. J L
    1,531 Posts.
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    Yep, I understand what you are saying. It is difficult to determine.

    But having said that, it needs to be discussed on this forum, IMO. I believe there is enough knowledge held by shareholders to at least have a go.

    I have run the figures through the 5B formulas, for the June Q, using the same $31.9 million E&E, and in real terms they will be left with $22.4 million in cash and a loan debt of $18.9 million. IMO, if that happens to be the case, STX will probably be OK, but the market might have a fit.

    I just hope that they were one-off forward payments. No downward surprises at the moment please. J L.




    Last edited by J L: 26/04/24
 
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