Hey Hardcash
Short answer Yes and Yes.
For sure, first priority is to spend $$'s drilling more across the acreage (faster, cheaper, better), converting 2C into 2P (to make Toots happy), building more gas processing infrastructure (ask Gina to go halves on the STX farm) and getting more cheeky 3D seismic.............
But at some stage, hopefully sooner rather than later, we have some free cash flow left that doesn't have a "must do" name on it.
Return that Capital to shareholders as a Divvy, or worst case share buy back.
1CPS = $25MM, 2CPS = $50MM. Wouldn't be too reckless on a $300-500MM revenue company.
Pure Spec ha ha!
- Forums
- ASX - By Stock
- STX
- Ann: Walyering Update
Ann: Walyering Update, page-933
Featured News
Add STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $643.6M |
Open | High | Low | Value | Volume |
22.5¢ | 23.0¢ | 21.5¢ | $3.339M | 14.95M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 337869 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 1651352 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 130888 | 0.225 |
8 | 197936 | 0.220 |
10 | 795522 | 0.215 |
9 | 638320 | 0.210 |
8 | 417841 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 1651352 | 24 |
0.235 | 945860 | 15 |
0.240 | 857582 | 16 |
0.245 | 311594 | 9 |
0.250 | 3178415 | 17 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online