looks like the last two wells do not make up anywhere near 50% of strikes assets (not to mention the $130M cash they hold) yet the market seems to treat this as so. Am I wrong in assuming this?
There also should still be exploration value in SE2 and SE3 As there is still a chance hey can be brought into production at a later date with some work.
also unlikely a director would have forked out $75k on shares if this test and the last were 50% of the company's net worth.
As only 3% of the shares traded today (in value terms) some stop loss and panic selling seems more likely
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Change
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Mkt cap ! $579.3M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
94 | 3221397 | 20.0¢ |
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Price($) | Vol. | No. |
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20.5¢ | 1725201 | 66 |
View Market Depth
No. | Vol. | Price($) |
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90 | 3146002 | 0.200 |
28 | 2093385 | 0.195 |
64 | 3026157 | 0.190 |
20 | 1473573 | 0.185 |
31 | 1620265 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 1719609 | 65 |
0.210 | 711444 | 13 |
0.215 | 1288356 | 19 |
0.220 | 1032951 | 18 |
0.225 | 979575 | 10 |
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