whilst we all wait in (painful, nerve racking, confident?) silence, here is an article from the Australian re COE and bass strait oil - article highlights why STX SP is primed to take off noting current gas price mentioned in the article and ROI for STX is massive noting the huge capex required to get the bass strait gas to market relative to STX leveraging all that under utilised infrastructure with all the downstream ducks lined up.
COE might be bullish on bass strait but COE announced another annual loss today of circa $23m...
anyone had any joy hearing back from STX management. SP remains solid with one buyer playing games for last few days at 11.5c. SP is pretty much a stale mate until the market gets a sniff of some informal news or a release out of the blue.
http://hotcopper.com.au/threads/the-australain-article-today.2820405/?post_id=18359013#.V7FpVyh97ic
Ann: June 2016 Quarterly & Appendix 5B-STX.AX, page-160
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $572.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $1.096M | 5.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2599619 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 451618 | 5 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |