STX 3.33% 21.8¢ strike energy limited

Value proposition has shifted fundamentally. This will rerate...

  1. wot
    9,831 Posts.
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    Value proposition has shifted fundamentally. This will rerate shortly or be taken over. 640m is too cheap. I suspect Gina pulled strings to get the last min govt policy delay and is the lead weight holding this down at 22.5c. Time will tell. 8.5% shorted at historical lows with no clear exit is very unusual. Every negative rumour has also been proved a lie.
    Last edited by wot: 25/06/24
 
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22.0¢ 22.5¢ 21.5¢ $541.2K 2.466M

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