STX 0.00% 20.0¢ strike energy limited

Hey Guys, I have a question, may not at all be at all possible,...

  1. 123 Posts.
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    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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