STX strike energy limited

Strange move to commit to a $11 million well. If Jaws doesn't...

  1. 3,435 Posts.
    lightbulb Created with Sketch.  17
    Strange move to commit to a $11 million well. If Jaws doesn't come off, it's going to be tough to raise that money. Which means they might try to raise the cash prior to the Jaws result. I suppose it's best to plan for the worst and hope for the best. At least there's a contingency plan in place, so shareholders get another bite of the cherry if Jaws is a stinker... Although there is no reason at this stage to think it is.
    Last edited by invertedva: 28/03/18
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.