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22.3¢ strike energy limited

So you wake up and first thing you do is troll a stock that you...

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Driven123

1,290 Posts.

499

29/02/24

07:10

Post #: 72658762
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Originally posted by Roch2077: ↑

The main problem right now with STX is that it doesn’t generate enough cash to warrant the current market cap of 700 million dollars and on a 30-50 million dollar annual turnover with no profit banked and still making significant losses, current situation is it’s current production plant is worth around 150-200 million dollars

The market has priced in 500 million dollars for its remaining assets which are fundamentally flawed. STX is significantly overvalued and with the next news flow around 3-4 months away and with that drill needing a raise by that time company still has significant amount to slide. 12-14 cents is where this sits and that there even at a 350-400 million dollar market cap is still overvalued

But first 26-28 cents for the east money

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So you wake up and first thing you do is troll a stock that you don't own. Impressive !! lol

STX Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 22.3¢		Change 0.003(1.14%)		Mkt cap ! $630.3M

Open	High	Low	Value	Volume
22.0¢	22.5¢	22.0¢	$122.9K	555.7K

Buyers (Bids)

No.	Vol.	Price($)
25	2170715	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	1242178	19

View Market Depth

No.	Vol.	Price($)
25	2170572	0.220
20	991005	0.215
27	1344835	0.210
20	1245749	0.205
36	1001585	0.200

Price($)	Vol.	No.
0.225	1242178	19
0.230	3157544	17
0.235	1705865	24
0.240	2957109	24
0.245	2500130	21

Last trade - 12.04pm 13/11/2024 (20 minute delay)

STX (ASX) Chart