STX 8.82% 18.5¢ strike energy limited

Ann: 1HFY24 Results and Operational Update, page-29

  1. 20,449 Posts.
    lightbulb Created with Sketch. 2010
    Wot
    drills and development is funded with cash which equals dilution
    this is why a stock rallies on initial discovery, and then comes off as the company moves to derisk and develop

    Guys - i am not here to argue with each STX holder

    STX has now nearly 3 b shares so WE today is worth less per share than when I was last here 18 months ago.

    How do you grow value - grow assets faster than the expansion of the share base . Leave it to you to work out whether that has happened here

    good night . Good luck to you guys - I genuinely don’t want to lose money - just adding a view of someone without
    anchoring or conformation bias
 
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Last
18.5¢
Change
0.015(8.82%)
Mkt cap ! $530.0M
Open High Low Value Volume
17.0¢ 18.5¢ 17.0¢ $2.155M 12.01M

Buyers (Bids)

No. Vol. Price($)
11 851855 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 131078 7
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