STX 8.11% 20.0¢ strike energy limited

when you think about it not strange at all.In light of the Orica...

  1. 6,364 Posts.
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    when you think about it not strange at all.

    In light of the Orica deal there will be plenty of instos & brokers asking for an audience with STX. I'd expect a few to commence coverage and issue new research between now and Xmas.

    Also, we know that STX has had many previous meetings with east coast gas consumers. Now that one has come on board others will follow but they won't get the same terms as previously offered! STX has far more leverage going it's way now!

    Then again it could be about raising the cash to push forward activities.

    Whole bunch of possibles there I guess - take your pick?

    HC
 
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