STX 0.00% 21.5¢ strike energy limited

Rolla, you are guessing again. AWE went cheap at $600m of which...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,041 Posts.
    lightbulb Created with Sketch. 331
    Rolla, you are guessing again.

    AWE went cheap at $600m of which 85% was attributable to the 50% ownership of Waitsia (~$510m).

    I would think a 2P and 2C reserve will be certified on success at WE - it will be immediately commercial if its anything like waitsia. Valuations on the SCBGP cant be transferred across to the WE project.

    If WE turns out to be analogous to Waitsia I would look to $500-750m as a min valuation on that asset.
    Then you have the UIL potential.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
21.5¢
Change
0.000(0.00%)
Mkt cap ! $644.7M
Open High Low Value Volume
21.5¢ 22.0¢ 21.5¢ $406.2K 1.888M

Buyers (Bids)

No. Vol. Price($)
8 761416 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 510371 6
View Market Depth
Last trade - 16.10pm 21/11/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.