STX-8 Feb:'The significant corporate interest in Warrego...

STX-8 Feb:
'The significant corporate interest in Warrego detailed above clearly demonstrates the quality and
strategic importance of Perth Basin gas. Indeed, Hancock’s current offer for Warrego implies a valuation
of Warrego’s interest in West Erregulla of A$1.98/GJ (2P + 2C). Assuming the same implied valuation in
respect of Strike’s interest in West Erregulla and its broader Perth Basin portfolio implies a total Strike
equity valuation of >80 cents per share.'

Maybe I'm totally wrong-thats usual- but I read this as a clear signal of internal discussion of a good starting price.

And I loved Stu standing next to Mitsui's man at that chicken dinner.I hope he cut up the food for him and poured his saki.

MinGina will be hostile in whatever they do with Stx-thats fairly clear.

Mitsui and whoever joins them in bidding -if they do bid-will want to offer with the Board's recommendation.
And 80 is a good start and I'd be more than happy to have that recommended subject to a better bid eventuating.
.