STX 2.44% 20.0¢ strike energy limited

586m market cap. Underpinned by West Erregulla 440m × 7/5 = 616m...

  1. wot
    9,972 Posts.
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    586m market cap. Underpinned by West Erregulla 440m × 7/5 = 616m + Walyering 80m pa fcf which just added maybe 20m pa (with immediate tie in this quarter) prob should have moved the sp up.. Amazing to think this once traded at 1.3b market cap and hasn't put a foot wrong after a slight mishap on se2/3.. South Erregulla was only ever valued at 220m, even by Macquarie and has be salvaged completely by a peaking plant pivot. Ed/Booth/w7/Peaking Plant/Domgas all currently carried at 0, or even negative. Where is Talon? 130m market cap for 40% no longer even exists?
 
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