STX 9.52% 23.0¢ strike energy limited

Australian article re Hancock, page-101

  1. wot
    10,308 Posts.
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    She is currently sitting at just under 5%.. but undoubtedly has an agreement for the statewide shorts.. so 10% atm. Not bad considering shes quietly accumulated 143,000,000m units at the historical lows, with an average daily volume of say 5m and most of the activity just recirculation/churning of shorts. So roughly speaking she accounts for at least half the buying since the Se2/3 failure.. and yet the stock feels like its been in a relentless freefall.. add to that constant negativity on the threads: all hope is lost, a cr is coming (despite a simple call confirming this is NOT A POSSIBILITY) or that its overvalued at pretty much just the Wgo takeover market cap.. Been a frustrating few months and lots of lessons learned about the power of a billionaires limitless funds to manipulate a sp when not regulated by Asic.
 
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