STX 0.00% 22.0¢ strike energy limited

Strike Energy Progressing in the Cooper Basin, page-20

  1. 5,348 Posts.
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    Agree on that outandabout. I have been in for some time too, buying at various levels, and accumulating again recently in the 10-11 range. It is strange to think that i thought it was a very solid risk/reward back when i first made the investment, and now with it at the de-risked stage it is still at similar (or lower) prices. If you still believe in it (which you would be mad not too at this pointy end of proceedings) then it is a matter of determining how much more you want to invest - not whether you would continue to invest.

    The next few weeks will be exciting for this company. If Orica elect to go ahead then i can only imagine things will change substantially.

    IMO
 
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