Interested in some unbiased thoughts around the likely value of this discovery and any potential further discoveries for both STX and WGO.
They both have a 50% stake in Kingia, with Strike the operator.
Some figures following todays close:
STX market cap: $225M (107M added today, 90%)
WGO market cap: $116M (47M added today, 68%)
I can understand that the percentage increases are not the same, but with a 50:50 share why are the $ gains today substantially different?
STX v WGO
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Last
20.5¢ |
Change
0.020(10.8%) |
Mkt cap ! $573.0M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.5¢ | 18.8¢ | $1.300M | 6.594M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 683604 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 3574109 | 55 |
View Market Depth
| Last trade - 13.23pm 13/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |