STX 2.38% 20.5¢ strike energy limited

.............Heres some "Napkin Maths" for the toddlers at...

  1. 378 Posts.
    lightbulb Created with Sketch. 236
    .............Heres some "Napkin Maths" for the toddlers at Macquarie.
    We probably about 55 cents with the solid reserve (in grey) - so trading at a 31% discount today to "fairish value".

    So someone can low ball after Dec 22nd (if Exports loosen up) and pretend they are offering a 30% "premium" and being really nice to us...........
    Santa says NO kiddies......

    and then just for shits & giggles, they can take a look at the other stuff ('24-26) ....................it's looking quite good IMHO.
    - Multiple fields
    - Cheeky seismic
    - etc

    Even pulling out some of that outrageous bullishness on my behalf, we are at about 78 cents and a market cap of $2Bn. 2x from here.
    It's F*&ck around Friday folks.


    https://hotcopper.com.au/data/attachments/5804/5804023-7b07ea3ebb44698ba57a23379583c242.jpg
 
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