STX strike energy limited

Ann: Erregulla Deep-1 Flowtest Commences, page-96

  1. 2,268 Posts.
    lightbulb Created with Sketch. 170
    We know that CE and Gina have done many things together and that he was keen to partner her in a gas plant.
    Times have changed.
    MinRes now is cash strapped and is a seller of its gas assets.This is obvious,no doubt,plain as nose on your face,crystal clear.

    It makes sense that Gina is fundamentally interested in what occurs with Min.And she needs to wait and see that unfold.
    That puts STx on a back burner.So putting aside t/o-given the Min assets are the main event and there for purchase.
    Mow for STX's sp-I believe nothing will increase it significantly.A huge rate of flow will result in maybe a 2c increase before it falls back.
    The weight of sales is too great.
    There are only 2 things that can force a sustained sp increase.
    First significant free cash flow.The second is a positive bank balance without debt in the conversation.
    Neither are likely for years.
    So climbing the SP ladder will be slow and painful.
    Lets mix our sayings-yes the market is ultimately a weighing scale but its also irrational.
    But what here is irrational-the short side of the equation has proven itself to be utterly right to date based on who has made money.
    Short squeeze-I'd like to see that but I think the chances are low.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
14.5¢
Change
-0.005(3.33%)
Mkt cap ! $415.7M
Open High Low Value Volume
15.0¢ 15.0¢ 14.5¢ $844.5K 5.727M

Buyers (Bids)

No. Vol. Price($)
35 3756125 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 983930 11
View Market Depth
Last trade - 16.10pm 26/06/2025 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.