STX 12.0% 28.0¢ strike energy limited

Hey @gimo211Whilst I do think STX is ripe for some corporate...

  1. 260 Posts.
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    Hey @gimo211

    Whilst I do think STX is ripe for some corporate activity, I suspect today's trading is simply from the fund managers getting their books squared for STX's official inclusion in the ASX300 which is effective Monday 20th September.

    Explains why there was 53m shares traded today with 31m on the close. Also explains why WGO had no volume today... they are not in the index so no need for fundies to buy...

    But IMO watch this space... or in fact the whole PB... consolidation is not far away... will likely start with NWE being swallowed by MIN... that will get the ball rolling.

    Last edited by Brobel: 17/09/21
 
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