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Why Strike Energy's Acquisition of Talon Energy is a Strategic Move? — ASX:STX| ASX Mining News & Discussion
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Lykeshares Official
$STX Why Strike Energy's Acquisition of Talon Energy is a Strategic Move?
Strike Energy Limited (ASX: STX) has provided an update on its proposed acquisition of Talon Energy Limited (ASX: TPD) through a scheme of arrangement. Here's what you need to know.

Strike's Best and Final Offer

Under the scheme, Talon shareholders will receive 0.4828 new Strike shares for each Talon share held, with the potential for retaining an interest in Talon's Mongolian assets after a potential demerger. Strike's Board confirms that this offer is their best and final, unless a superior proposal emerges.

Strategic and Logical Acquisition

Strike believes that acquiring Talon is strategically compelling for both companies and their shareholders. The detailed reasons behind this belief were previously outlined in an ASX announcement and will be further explained in the scheme booklet to be released by Talon.

No Critical Implications for Strike

While the acquisition is seen as advantageous, Strike states that its go-forward strategy does not depend solely on this transaction. If the scheme is ...
Why Strike Energy's Acquisition of Talon Energy is a Strategic Move?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?