There is undoubtedly much comfort in knowing that SE2 is updip of SE1.
I did not know that , have not been following STX that closely .
About the only way SE2 would be a dud is if it is in a completely separated compartment to SE1 .
It is not the end of the world if SE3 is not a producer .
Failed appraisal wells are not uncommon .
MIN and BPT can attest to that in the same rocks in the Perth basin .
STX has had 100% success rate before this and it had to end at some stage.
If the flowrate had have been as expected the SP would have moved close to 50c .
I am not sure a drop to 30c is justified .
A 40% drop in the overall value of the business in the difference of failure and success in one appraisal well ?
There is undoubtedly much comfort in knowing that SE2 is updip...
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $686.9M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.3¢ | 23.0¢ | $2.375M | 10.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 397363 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 496987 | 6 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 2.13 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 24.0¢ | 23.0¢ | 4094689 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| STX (ASX) Chart |