STX 4.35% 22.0¢ strike energy limited

takeover target?, page-45

  1. 13,341 Posts.
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    how many STX'er remember Rivoli gas field and the Baniyas gas/condensate prospect ,still waiting on that announcement of the forward plan that was being worked out..

    -More shares more dulution ....STX to get back in the 20's will command a market cap well over 100mill ,glad to have sold all my long term holdings of 750k @23c-26c...looks like it was a smart move now ...
    With the SP nearly half what I sold out it should be a great buy but the days of being a huge STX Bull have tainted my view of Mgmt with so many promises broken so many dusters...hope for long termers STX do more than raise cash an really get some decent cashflows/reserves I hoped they would years ago..

    In the mean time I'll keep my OIl&Gas funds with SSN that will spend 20mill this Qtr on drilling/fracing mutiable shale oil plays
 
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