STX 2.17% 22.5¢ strike energy limited

I was quietly hoping we'd finish the calendar year at 50 cents,...

  1. 2,230 Posts.
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    I was quietly hoping we'd finish the calendar year at 50 cents, but unfortunately I think there will be some selling next week as the lemmings hit the sell button simply because Stuart, for whatever reason, decided to cash in $1m of his holding.

    I do question how he justifies this sale on tax obligations, when he did exactly the same just a couple of months ago. If the last one was to fund tax obligations, I don't really accept that this one can be also. If on the other hand he's simply cashing in his FREE shares to fund a lifestyle, then good on him, he's lucky to receive such perks, and can't be blamed for enjoying it.

    However, I do hope for all of our sake, that the time of this sale results in him missing out on plenty of short-term upside. If it turns out that something does eventuate over the coming months which puts downward pressure on the share price, then I'll certainly be letting him know what I think.
 
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Last
22.5¢
Change
-0.005(2.17%)
Mkt cap ! $643.6M
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23.0¢ 23.0¢ 22.0¢ $1.581M 7.009M

Buyers (Bids)

No. Vol. Price($)
18 840004 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 639041 6
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