Ann: Receipt of non-binding indicative proposal - Beach Energy, page-14

yer the issue is you lock yourself out of any upside of STX share price increase and have sold for 20c if the market decides to go for a run now with inflation figures falling who knows what the next 3-4 months could look like with the STX price.

Beach's offer is strange thought they'd try to blow STX's one as STX's was sold as a merger rather than a takeover which Beach aren't really paying a takeover premium with their offer