STX 16.1% 23.5¢ strike energy limited

Ann: South Erregulla Update, page-91

  1. 1,829 Posts.
    lightbulb Created with Sketch. 2780
    SE2 results tomorrow or Friday based on initial wireline log interpretation…

    The results will be the cornerstone for up to 271 BCF reserves increase. A major event for Strike by any means…

    But yes, the short selling will be active again…

    The TPD transaction delivers the opportunity for “risk free” short selling of STX… It leads to artificial oversupply to the daily trading and takes off any of momentum for the share price…

    It’s strong sign that a some point we will see an offer for Strike… my bets are on MIN (but could be someone else)… and I wouldn’t be surprised if most of the buying comes from the custody accounts who might work for MIN (or another party…)

    Our operational success combined with the massively increased short selling is not a normal trading behavior… something is brewing…

 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
-0.045(16.1%)
Mkt cap ! $672.2M
Open High Low Value Volume
26.0¢ 26.0¢ 23.0¢ $7.053M 28.72M

Buyers (Bids)

No. Vol. Price($)
20 647219 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 6075 1
View Market Depth
Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.