That confirms that the t/o of LPE goes ahead and that after the change over, about mid November, SXT becomes an strata community energy retailer with a fast paced growth. According to the last anns and all the changes and new shares considered the sp should be at 3c at a PE of 10. Assuming the GW under contract will have increased by mid November and a higher PE, the sp could be easily at 6c or higher.
Looks like that LPE has used SXT to become a listed company, a back door entry that became more and more popular in recent times to save a new comer a lot of effort and money and provides the existing, often struggling, company a new life. Win win for both companies and with the huge cash flow and profit a win for SXT sh as well. It may take a while for the market to comprehend it but it will happen.
GLTA
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