STX 8.82% 18.5¢ strike energy limited

Ann: Half Year Accounts to 31 December 2012 , page-7

  1. 259 Posts.
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    STX has got its cash burn down to $11mm half vs $25 quarter. So some improvement there.

    However, as pointed out by some some time back, they are not in the EFS sweet spot.

    Maybe time to cut the EFS and focus on CB?

    These companies need to admit when things aren't working and cut losses rather than doggedly sticking to t script.

    Guess I can expect the usual attack from the irrational barracker bullies.





 
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