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2.27%

22.5¢ strike energy limited

dude you have to understand there more shares for Stx compare to...

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markie125

7,450 Posts.

533

22/08/19

01:28

Post #: 40085797
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Originally posted by drbrugger: ↑

You need to understand both of these companies in much more detail to be able to comment accurately.

Explain how you think WGO should have a similar market cap ?

STX have the operated position for a start - that alone adds significant value to STX's 50% share of WE-2, They have significant run-room in the perth basin that is prospective for the same plays (WGO have some ground to the north that is not in the trough). STX have a major cooper basin play in pilot stage that is on the cusp of desorption for commercial flows (WGO is a LONG way from having any other project in play). STX's cooper project would delineate 11TCF of gas into the east coast market. They have other conventional and non-conventional plays in the perth basin plus prospective oil ground in the cooper.

And they have a far superior management that has done an exemplery job so far (IMO)

STX SHOULD be trading at more than double the market cap of WGO, and probably a lot more than that

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dude you have to understand there more shares for Stx compare to wgo.
wgo is set up for a take over.
Stx sold some gas to fund them self.
wgo has Spain and other project.
Stx has other project also.
Should be happy you got in so low.
bring on we2 woo.

STX Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 22.5¢		Change 0.005(2.27%)		Mkt cap ! $644.7M

Open	High	Low	Value	Volume
22.0¢	22.5¢	22.0¢	$662.4K	2.969M

Buyers (Bids)

No.	Vol.	Price($)
17	1619370	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	540792	8

View Market Depth

No.	Vol.	Price($)
17	1619370	0.220
16	1080647	0.215
23	1355666	0.210
19	1000895	0.205
33	941585	0.200

Price($)	Vol.	No.
0.225	536792	7
0.230	3214551	19
0.235	1838865	27
0.240	2909088	19
0.245	2500130	21

Last trade - 16.10pm 13/11/2024 (20 minute delay)

STX (ASX) Chart