STX 4.35% 22.0¢ strike energy limited

Ann: Strike Partners with AGIG in Major Gas Infrastructure Deal, page-172

  1. 1,726 Posts.
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    agree relaxed. unfortunately many wgo shareholders still think we are living in the AWE days and bids will flow in from all sides. yes it is an amazing asset but as you highlight there are very few who would want to buy it right now and even less who have the cash / balance sheet to buy it. while i have a position in wgo this is why i have 12 x that in stx as i feel the real wealth out of rhe perth basin will be in building a cash generating bohemeath over 5 to 10 years. end of the day cash (flow) can't be argued against when ascribing value which is why i am taking a 5 yr view. the vision of stx is powerful and they have the assets and the board to absolutely achieve it.
 
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