@gerfovitch pretty detailed piece and well articulated... the value for their ground has not been priced nor any upside in the Wagina...What about the rest of the ground? What about the management team? This is a package and it is worth more than the sum of its parts.
For example, WE was bought at $10M for 50%, its now yielded a $400M (using your rationale, I reckon its twice that) asset. The rest of their ground has the same prospectivity. So expect this to repeat. The value here is in the ability for the management team to grow this organically...aka the long game.
If STX persists as an independent entity, it will be a mid tier energy company. As I've said before, its current share price (figuratively speaking) will be its annual dividend in the years to come.
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@gerfovitch pretty detailed piece and well articulated... the...
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27 | 1160462 | 0.210 |
18 | 781851 | 0.205 |
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11 | 759757 | 0.195 |
Price($) | Vol. | No. |
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