The risk, reward ratio for its business is still “super attractive” says Iris Energy CEO Dan Roberts as the bitcoin miner battles a 95 per cent share price wipeout.
Spurned takeover suitor Strike Energy sees imbalance in one-of-a-kind export concessions the WA government granted to an onshore gas project involving Kerry Stokes-backed Beach Energy and Japanese conglomerate Mitsui.
Australian shares to open higher; Qantas to cut debt; Serko, HMC Capital affirm guidance; Bitcoin back above $US16,000; $A edges up; oil up on supply cuts; RBNZ ahead.