I think the Macquarie analysis was fair given the SE 2&3 appraisal wells have not delivered thicker net pays. The words are quite clear in that Macquarie have revised down its valuation until the certification of the field is released. “Caution being applied” . The valuation ranges from .75 to 3 billion dollars.
Given the press are signalling the likelihood of a relaxation of the export ban for onshore producers it may trigger some MA activity before Christmas.
I can see Hancock becoming a major holder very soon.
You would expect our shares to double should this happen.
I think the Macquarie analysis was fair given the SE 2&3...
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $501.4M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $1.170M | 6.732M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1634397 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 617607 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |