STX 2.44% 20.0¢ strike energy limited

Can someone with financial acumen tell me, are they proposing to...

  1. 1,234 Posts.
    lightbulb Created with Sketch. 847
    Can someone with financial acumen tell me, are they proposing to sell part of this off? Is that what I am understanding when they say sell down the equity?

    I am not sure why STX would do this.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $572.1M
Open High Low Value Volume
21.0¢ 21.0¢ 20.0¢ $1.394M 6.849M

Buyers (Bids)

No. Vol. Price($)
76 4376061 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 1473669 2
View Market Depth
Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.