STX 8.82% 18.5¢ strike energy limited

Hey, wasn't this another thing the naysayers said would never...

  1. 8,483 Posts.
    lightbulb Created with Sketch. 3211
    Hey, wasn't this another thing the naysayers said would never happen?
    And wasn't WE gas being contracted at a low price a major reason why no one would be willing to pay a market price for the WE asset?
    The good news keep rolling of late.
    No mention of repaying the $5 million upfront payment either..
    All this make me wonder whether all this clears the deck for some corporate transaction (not necessarily a takeover) or is it simply another precondition being met for WE FID (i.e., making it more worthwhile from STX's perspective)?
    Last edited by invertedva: 01/07/24
 
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