What Strike fails to mention in these reports is that it has almost spent all of the total of 170million dollars that Gina gave it from the WGO sale to prove it doesn't have much gas at SE and Walyerling so not only has it caused a destruction of gas value but has burned its bank balance also.
So when the company talks about it being harshly treated by the market they fail to mention this cash value has also evaporated and not just the value of assets.
STX Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
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