Stx are very good at pulling an ace out of there hat or out of left field. In a game of poker they will have something up there sleeve as there management are very canny.
I sold my STX shares on Last annoncement as for me the risk level was getting too high, as was worried about if there more complications on the next wells what it might mean to its share price. However hope it works out for them and its shareholders.
I will however hold onto my WGO shares as I see a lot of upside without further downside risk and am sure we wont be around in six months.
WGO Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held