STX 0.00% 21.5¢ strike energy limited

Think of it in terms of market cap. What are the assets worth?...

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  1. 1,360 Posts.
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    Think of it in terms of market cap.
    What are the assets worth?
    JAWS $Xmillion
    +
    WE $Ymillion

    If X+Y equals $50m then the shareprice could halve.

    The market could write JAWS off and assign $0 so what is WE then worth? $30m $50m?

    The cashflow issues could cause the market to apply a further discount due to risk of further dilution.
 
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21.5¢
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Mkt cap ! $644.7M
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Buyers (Bids)

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3 28117 22.0¢
 

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Price($) Vol. No.
21.5¢ 16118 3
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