STX 2.27% 21.5¢ strike energy limited

Strike - undervalued despite company-making announcement, page-40

  1. 1,234 Posts.
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    Definitely an interesting way to see the books.

    Buy WGO and be assured as the JV partner that STX has to share, which would give a big insight into SE as well.

    Like you, I have been struggling to see the value for any company to buy WGO. Not complaining though, as a shareholder I cannot wait to see the back of that lot.

    STX, as holders of the largest parcel in the PB must have a target painted squarely on their back at this stage. Who knows who will win, but you would think Gina et al would see the value in actually having a huge interest in Haber. The problem as I see it, is we have told everyone how we are going to get around the export ban and now have also proven it can be done. I see a correlation between us sitting on 10cps and nothing happening and now all of a sudden, we have SE proven, Walyering about to make cash and trying to take over the WE. .

    Notice how last time we made an offer, no-one else gave a damn??

    We make a second move for a nobody in the grand scheme of things and all of a sudden the interest comes from everywhere.


 
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