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An update from Strike Energy Limited ( (AU:STX) ) is now available.
Strike Energy Limited has secured credit approval from Macquarie Bank for $162 million as part of a larger $217 million financing package. This funding will be used to refinance existing debt and support the development of the South Erregulla Power Project, enhancing Strike Energy’s capacity in gas and power generation.
More about Strike Energy Limited
Strike Energy Limited is an Australian company involved in the energy sector, focusing on gas and power generation developments in the Perth Basin.
YTD Price Performance: 9.52%
Average Trading Volume: 4,304,593
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$659.4M
For an in-depth examination of STX stock, go to TipRanks’ Stock Analysis page.