STX 2.70% 18.0¢ strike energy limited

Thinking outside the square for a minute, Gina could bid above...

  1. 8,972 Posts.
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    Thinking outside the square for a minute, Gina could bid above the current price and gain non operatorship 50% of WE, plus 50% of EP 0127 up North.

    OR...

    Perhaps Gina comes to a deal with Strike, let's Strike be the highest bidder to T/O Warrego, then a few months later come to a 50/50 JV with Strike for $500-600M for both SE and WE, Haber, EP 0127, Ocean Hill, Walyering etc.
    Strike get the cash of $500-600M to carry out their 50% of costs, lots more wells get drilled, Haber gets built with the board/management of Strike running the show for both.

    Gina gets huge growth future cashflow for $500-600M, Strike get the cash to carry out their plans, Hancock get gas supply in there somewhere as part of the deal etc. Win all around except for the 2 Scotts who are forced to sell on market (Gina probably picks those shares up cheaply)....
 
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Last
18.0¢
Change
-0.005(2.70%)
Mkt cap ! $515.7M
Open High Low Value Volume
19.0¢ 19.0¢ 17.5¢ $2.236M 12.34M

Buyers (Bids)

No. Vol. Price($)
7 1296010 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 68215 3
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
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