Agreed.
Some positive news we can expect in the short-term:
- some new large holders on the registry.
- initial reserves, which should err to the upside.
- more news flow from Beach.
And on a more speculative note, the big one for me, in the short-term, is a takeover of WGO. I think this is very likely, perhaps even in the next couple of weeks, and will feed through to Strike shareprice, not only because it will revalue Strike but many WGO holders will re-invest in Strike.
Market cap of WGO is only $220 million and I just can't see Beach or Mitsui letting Strike call the shots in the Perth Basin. Beach sees the Perth Basin as their chance to take another few steps up the ladder and become a Santos or Woodside. Acquiring WGO is easily within their budget and will allow them both to put a leash on Strike, but also, I can see them as being quite happy to work with Strike in a competitive/cooperative type arrangement.
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $530.0M |
Open | High | Low | Value | Volume |
17.0¢ | 18.5¢ | 17.0¢ | $2.155M | 12.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 851855 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 131078 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 593855 | 0.180 |
13 | 898781 | 0.175 |
34 | 2111342 | 0.170 |
28 | 2089452 | 0.165 |
39 | 1603646 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 76078 | 5 |
0.190 | 1277542 | 11 |
0.195 | 1127755 | 4 |
0.200 | 894999 | 13 |
0.205 | 685147 | 7 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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