you will need to factor in Gas in Place (GiiP) vs recoverable resources. AWE transaction was on recoverable resources. At the moment everyone is still talking GiiP for STX which always is a larger number. Discount your GiiP for a recoverability factor and then compare to AWE transaction. Apart from that, your logic seems sound to me.
you will need to factor in Gas in Place (GiiP) vs recoverable...
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $643.6M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $569.8K | 2.529M |
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| No. | Vol. | Price($) |
|---|---|---|
| 38 | 306264 | 22.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 2369404 | 61 |
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| STX (ASX) Chart |