STX 2.38% 21.5¢ strike energy limited

I think you'll be right. There is a wall of support at the 20-21...

  1. 127 Posts.
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    I think you'll be right. There is a wall of support at the 20-21 range, as witnessed by large buyers who are happy to hoover up all those small retailer holders who keep getting nervous....there are bargains to be had right now (even a fully impaired SE would not justify this discount to the SP).

    I cant see it bouncing to 30c however - that will require a strong catalyst, and my hope is the EXCO are more focussed on fundamentals / BAU than in issuing announcement after announcement.

    This means fine tuning of Walyering ops, a meticulous tactical appraisal of SE, and a clear no BS statement around future of WE, OH etc
 
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