STX 0.00% 21.0¢ strike energy limited

Ann: South Erregulla Update, page-27

  1. 2,995 Posts.
    lightbulb Created with Sketch. 2714
    No wonder the Board raised capital. When shenanigans are afoot it does not pay to be naked and vulnerable. We are now cashed up to cashflow and once that is achieved it will become much more challenging for an acquirer because Strike will be a must-hold for many.

    I might be naive, but it seems to me our Directors are sufficiently motivated, and are certainly talented and connected enough, to see Strike through to maturity. And at maturity, the company will surely be valued in the billions.

    Is that too simplistic?

    OOO
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.