This is a Corporate Strategy TO.
The Cashflow tap is about to be turned on at $100m pa or circa $10m per month.
Strike just purchased 45% of the monthly Cashflow for .... Script.
Plus and importantly, that 2P which is valued at $x per GJ ... in the ground ... is about to come out of the ground at 5 X of what it was valued at ... in ground.
Smart Play STX. With the regular cashflow, STX can go off and drill out SE 2 and other prospects for years to come, without having to .. tap us on the shoulder to fund it. STX is buying 45% of future cashflow here in this transaction. It's perfectly times. love it !!!
Now come Oct, bring on some really positive drill results from SE2 .. and we will break new highs.
Ann: Trading Halt, page-28
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $657.9M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $2.348M | 10.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 513192 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 538928 | 21 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| STX (ASX) Chart |