STX 12.0% 28.0¢ strike energy limited

Santos, page-17

  1. 3,935 Posts.
    I agree.

    One share for fourteen held is small dilution. Furthermore, since shares were issued to existing shareholders, anyone who needed funds to complete the purchase has already sold.

    There should not be any selling pressure now and a quick return to 11 cents is expected.

    A positive update will really get the shares moving and Santa has come to the patient long term holders.

    Cheers all,
 
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28.0¢
Change
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24.5¢ 28.3¢ 24.5¢ $7.221M 26.82M

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5 293004 27.5¢
 

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Price($) Vol. No.
28.0¢ 820079 16
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