STX 2.63% 19.5¢ strike energy limited

Ann: Webinar Registration for Q4 FY24 Financial Results, page-41

  1. 8,602 Posts.
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    The Q&A is well worth listening to.
    SN pretty much answered every question posed, even those that might fall into the "conspiracy theory" category.
    Mark Wiseman asked a few questions and then a cheeky bugger asked a question about why Macquarie does impute any value to the exploration upside. SN's diplomatic answer was quite enjoyable.
    Also, when asked about a potential takeover, he waxed lyrical about the strategic value of Strike's assets, and suggested there are many parties who would be interested in investing in Strike, either through buying shares or other means.

    Another little titbit, which I may have missed in previous announcements, was that Strike no longer have to repay the ~$16million debt to Macquaries as they have renogotiated a new finance package. This reduces, further, the pressure on our cash holdings in the near-term. Some analysts might have assumed this would need to be repaid???

 
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