There are plenty of positives for STK other than just their amount of cash in the bank to fund further drilling over the coming 1-2 years. It’s looking more and more likely that STK are sitting on 3 tier one gold deposits at a time when gold prices are heading north again.
Given their proximity to NST’s processing facilities, I’d be guessing a takeover bid isn’t out of the question. Hopefully north of 50c given what we’ve seen so far and what is still to come.
I wonder if NST are behind some of the broker buying in the last 2 weeks? Wouldn’t be surprised if we see a new sub holder form from NST taking a position in the next week or so.
There are plenty of positives for STK other than just their...
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Last
10.0¢ |
Change
0.001(1.01%) |
Mkt cap ! $220.4M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.3¢ | 9.7¢ | $391.2K | 3.917M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 353280 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 849600 | 8 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| STK (ASX) Chart |