A couple of observations , clearly STX will now have enough gas for Haber now IMO , 55 million shares of shorters will now have to cover there position or possibly borrow more stock , say another 10 or 15 million and try hard to hold the share price back , regardless these players will get burnt . What has also been interesting the creation of another board seat at Min Res for Santos CEO , very unusual , and now Blackrock have announced a major share holding of over 5% in Min Res . With global oil and gas becoming a world issue , funds have been withdrawing from Russian companies investments ,and looking at safe energy investments globally , the Perth Basin region as a whole is being proved up as a major source of significant cheap gas , I believe the big guys are circling . Min Res won't miss the chance to be a major player in gas , suppling there own operations and others converting from diesel to gas , operating costs to gold and iron ore operators will increase significantly with diesel passing well over 2 dollars, gas makes enormous environmental sense and cost savings profits to the bottom lines . Blackrock always take positions strong positions . WGO , STX , NWE . all have great acreage , plus industrial with Haber , global fertilizer is now a critical issue , I think in time your 60 cent value will be smashed , as I am convinced after a positive announcements in the weeks ahead , we will be seeing offers from far bigger players . I would love to ride this stock out , but I think that will be very unlikely .
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $587.4M |
Open | High | Low | Value | Volume |
20.5¢ | 21.3¢ | 20.0¢ | $1.823M | 8.814M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1249073 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 269971 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1249073 | 0.205 |
11 | 838050 | 0.200 |
6 | 317935 | 0.195 |
10 | 894411 | 0.190 |
10 | 1259949 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 269971 | 4 |
0.215 | 866615 | 24 |
0.220 | 1623581 | 18 |
0.225 | 249328 | 8 |
0.230 | 863493 | 12 |
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