STX 12.0% 28.0¢ strike energy limited

Hey mate,Normally I'd agree with everything you've said, but 80...

  1. 274 Posts.
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    Hey mate,
    Normally I'd agree with everything you've said, but 80 mill or so raised was meant to be fully funded for a full 12-18 months worth of drilling and SN saying it was needed as they planned to be the" most active explorers in Australia".

    Now it looks like a third of that money is gone toward 8% of a dying company that nobody actually wants.

    i have a feeling we'll see further share dilution in the next 6-12 months.

    It's going to be an interesting time going forward.

    I am a moron though so take what I say with a grain of salt.


 
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