A lot of chatter on the STX forum that they are now ripe for the picking.
Euroz - "After this announcement, we believe all eyes will be on STX and its attractiveness for major bidders due to its strong position with not only the 19.9% blocking stake in WGO but a vast controlling position of gas in the Perth Basin"
MIN are in a similar position, could one of the big players be interested in eventually trying to take out MIN when/if the time comes? (A vast difference between MC's of STX and MIN)
NWE Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held