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24.0¢ strike energy limited

Stu addressed this and no it will not be revised. The up side is...

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Noidea86

103 Posts.

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11/10/23

08:23

Post #: 70278709
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Originally posted by Mercer123: ↑

Hey Guys, I have a question, may not at all be at all possible, just something that's been running around in my under educated brain regarding T/O action.
As STXs share price is on the rise and 50c plus looks like a real possibility short term, can our share price rise to a point where STX would revise the takeover bid?

0.4828 STX Shares for every 1 TPD share, is a very specific ratio and to me implies that there was a monetary
value in mind at the time of the offer.

11th of August (Trading Day Before T/O Announcement)
STX - 44c, implies a value of 21.2c for TPD
~ $111,450,000 (Using 525.7m TPD Shares on issue)

STX - 50c, implies a value of 24.1c for TPD
~ $126,700,000

STX - 55c, implies a value of 26.5c for TPD
~ $139,310,000

STX - 60c, implies a value of 29c for TPD
~ $152,450,000

I guess with the roughly $82 million in additional annualised revenue from Walyering alone this potential rise in price is probably a drop in the ocean and maybe STX had factored in success at Walyering and SE when making the offer.....but I thought the question was worth asking anyways?

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Stu addressed this and no it will not be revised. The up side is the carrot to Tpd holders to vote yes

STX Price at posting: 45.0¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 24.0¢		Change -0.005(2.04%)		Mkt cap ! $686.5M

Open	High	Low	Value	Volume
24.5¢	24.8¢	24.0¢	$1.303M	5.369M

Buyers (Bids)

No.	Vol.	Price($)
41	451659	24.0¢

Sellers (Offers)

Price($)	Vol.	No.
24.5¢	1453999	83

View Market Depth

No.	Vol.	Price($)
35	434006	0.240
30	1239652	0.235
22	1703462	0.230
19	877672	0.225
21	661236	0.220

Price($)	Vol.	No.
0.245	1452803	80
0.250	1466993	45
0.255	698687	19
0.260	1369604	31
0.265	228775	6

Last trade - 15.18pm 15/05/2024 (20 minute delay)


Last 24.0¢			Change -0.005 ( 1.03 %)
Open	High		Low	Volume
24.5¢	24.8¢		24.0¢	3181640
Last updated 15.36pm 15/05/2024 ?

STX (ASX) Chart

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