STX 2.27% 21.5¢ strike energy limited

Analyst price targets, page-95

  1. 2,153 Posts.
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    I agree.
    Shorting after a 50% price drop is odd.
    You would think the aim was achieved and profit taken. But no.
    Then record levels of shorting continuing when Strike is priced at a see-through value given by WGO is more odd.
    Watch more gas is in demand – unlike lithium or nickel.
    This in an environment when gas is popular source of energy with a bright future and in a basin which is in the process of consolidating.
    What’s more the basin sits on a pipeline and is close to Perth.
    And there’s no suggestion of fraud to creative accounting.
    Is daddy‘s boy trying to suggest that. I don’t think so.
    There is something very odd about this short position. it’s as if it’s designed to lose money.
 
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