Not disagreeing gimo :) My point is that while the shorting...

Not disagreeing gimo My point is that while the shorting activities may have some influence over the share price in the short term, the price will eventually reflect the underlying intrinsic value. So the current price actions have presented a really good buying opportunity - if one believes the company is worth much more

If and when we do bring SE phase 1 online, we will be generating FCF in the order of 130-150mn (noting that we will likely pay no tax for next 3 to 4 years due to approx 800mn in accummulated losses which can be used as offsets). Energy sector in general trades at c.9x FCF if I recall corectly, which means STX should be 50+c.

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