Ann: Erregulla Deep-1 Flowtest Commences, page-100

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02/10/24

01:16

Post #: 75933842
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Originally posted by Luck101: ↑

We know that CE and Gina have done many things together and that he was keen to partner her in a gas plant.
Times have changed.
MinRes now is cash strapped and is a seller of its gas assets.This is obvious,no doubt,plain as nose on your face,crystal clear.

It makes sense that Gina is fundamentally interested in what occurs with Min.And she needs to wait and see that unfold.
That puts STx on a back burner.So putting aside t/o-given the Min assets are the main event and there for purchase.
Mow for STX's sp-I believe nothing will increase it significantly.A huge rate of flow will result in maybe a 2c increase before it falls back.
The weight of sales is too great.
There are only 2 things that can force a sustained sp increase.
First significant free cash flow.The second is a positive bank balance without debt in the conversation.
Neither are likely for years.
So climbing the SP ladder will be slow and painful.
Lets mix our sayings-yes the market is ultimately a weighing scale but its also irrational.
But what here is irrational-the short side of the equation has proven itself to be utterly right to date based on who has made money.
Short squeeze-I'd like to see that but I think the chances are low.

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If you believe in all that you have written, then for what reason are you holding exactly?

It is often very interesting to observe investors feeling euphoric about buying a rising but overvalued stock,
rather than feeling euphoric about buying a depressed but undervalued stock.

618

STX Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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(20min delay)
Last 13.8¢		Change -0.008(5.17%)		Mkt cap ! $408.5M

Open	High	Low	Value	Volume
15.0¢	15.0¢	13.5¢	$1.450M	10.16M

Buyers (Bids)

No.	Vol.	Price($)
25	2555684	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	2790107	23

View Market Depth

No.	Vol.	Price($)
25	2802108	0.135
21	1273598	0.130
12	1040239	0.125
9	1039185	0.120
4	56080	0.115

Price($)	Vol.	No.
0.140	2790107	23
0.145	2498790	11
0.150	2475606	20
0.155	1367820	12
0.160	3770983	16

Last trade - 15.33pm 27/06/2025 (20 minute delay)

STX (ASX) Chart

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