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21.5¢ strike energy limited

Your not comparing apples with apples as WGO had NO contracted...

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17/10/23

01:33

Post #: 70377067
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Originally posted by alexei ii: ↑

in a nutshell you are absolutely spot on @Second. Thx for posting the map

What @mir911 highlighted in red means is that someone may be trying to make sure we (existing SH) miss out on the uplift in WE, as represented by SWE-1 and ED-1, in the above diagram. In simple terms, those two bits represent a doubling of WE current resources. And it still leaves out the "prospective" green bit to the north west of the tenement - a decent chunk in itself. Although ED-1 is located in the area where the Kingia is prognosed to be thicker, so my speculation is that this will give the best bang for buck. Here's hoping they drill that first...although I reckon Stu's demeanour is not as sprightly as it was in the past...maybe something is weighing on his mind in the background. Next cab off the rank after SE3 will be a tell tale for me.

My reading also is that GS, Euroz and Macquarie have issued these vals to help soften up punters so they succumb to the inevitable low ball bid. If the see thru val based on the WGO transaction sees STX at 80c (with $6/GJ gas price) ...how come these turkeys are talking 50 and 60c??

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Your not comparing apples with apples as WGO had NO contracted gas, STX have CSBP at what must now be a huge discount to current market price.

STX Price at posting: 41.0¢ Sentiment: None Disclosure: Not Held
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Last 21.5¢		Change 0.015(7.50%)		Mkt cap ! $615.0M

Open	High	Low	Value	Volume
20.5¢	21.5¢	20.3¢	$2.306M	10.98M

Buyers (Bids)

No.	Vol.	Price($)
10	253641	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	164233	4

View Market Depth

No.	Vol.	Price($)
8	109987	0.210
10	875002	0.205
17	1200950	0.200
49	3192207	0.195
51	2988264	0.190

Price($)	Vol.	No.
0.215	5000	1
0.220	1057187	32
0.225	328523	14
0.230	505738	16
0.235	456230	8

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