SE2 results tomorrow or Friday based on initial wireline log interpretation…
The results will be the cornerstone for up to 271 BCF reserves increase. A major event for Strike by any means…
But yes, the short selling will be active again…
The TPD transaction delivers the opportunity for “risk free” short selling of STX… It leads to artificial oversupply to the daily trading and takes off any of momentum for the share price…
It’s strong sign that a some point we will see an offer for Strike… my bets are on MIN (but could be someone else)… and I wouldn’t be surprised if most of the buying comes from the custody accounts who might work for MIN (or another party…)
Our operational success combined with the massively increased short selling is not a normal trading behavior… something is brewing…
Ann: South Erregulla Update, page-91
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Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $643.6M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 21.5¢ | $3.339M | 14.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 337869 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 1651352 | 24 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| STX (ASX) Chart |