Buyer demand has disappeared ..... IMO until we get some clarity around IF the side track was successful and we are continuing to drill ahead unimpeded.
And YES, I know we will get an Announcement once we hit next TD .... blah blah .... but see how the phycology of the Market works.
Nobody wants to buy into this (in decent volume to move the price) until they get ...... REASSURED. As Drilling is / can be risky business.
Don't get me wrong, I am confident. I am just stating the obvious ... we need something +ve to get the Momentum back.
Hopefully Wednesday ??? .. or does someone else have a better insight here they are willing to post ???
Ann: West Erregulla Update, page-151
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $608.8M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.3¢ | $1.083M | 5.042M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 2194494 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 687595 | 39 |
View Market Depth
| Last trade - 13.57pm 01/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |