STX 2.50% 20.5¢ strike energy limited

Ann: 3Q FY24 Quarterly Report & Appendix 5B, page-204

  1. 409 Posts.
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    Whichever way we look at it the stock is cheap. I don’t know how the Company can resolve the loss in market confidence with the same management delivering sud standard results?

    Compare us to MIN who hit water and everyone said at the time that their ground would not prove up enough gas to support development. They changed out some management and are now looking to develop a 250tj plant and have also made a substantial oil discovery. This has all turned around within a very short time frame. (12 months)

    How does STX repeat this? Drill more holes and that is about to happen.

    go Stike.
 
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