STX 2.27% 22.5¢ strike energy limited

Basic mathsSTX were promoting 300PJ 2P and 2C from their...

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    Basic maths

    STX were promoting 300PJ 2P and 2C from their projects and they've just wiped out about 30PJ so 10% ? The real sneaky part is they would have known from their own modelling after W5 and W6 this downgrade was happening but chose to delay the proper assessment until W7 was known to tell everyone so lesson the reserve impacts. Would have been worse without W7 coming through with the combination of SE2/SE3 results and ASX 200 shorters would have been a blood bath. This is actually not so bad at the moment
 
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