STX 2.44% 20.0¢ strike energy limited

Ann: Strike increases ownership of Warrego to 19.9%, page-308

  1. 2,453 Posts.
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    My thoughts. Regal will want an “out”.

    They don’t want to sit and hold. They’d like to crystallise a profit.

    Need a price hike and cash offer, like the Scot’s.

    Unless they’re angling to take STX stock as the believe it’ll be taken over next.

    Definitely mercenaries.
 
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