STX 4.44% 21.5¢ strike energy limited

Pre-empted in trading yesterday but good result all the same. I...

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  1. 310 Posts.
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    Pre-empted in trading yesterday but good result all the same. I still retain caution however on immediate direction while the elephant in the room being open-short-coverage remains. Currently holding at > 90 days this remains on the extreme bearish side of high relative to the holding percentage and the fundamentals that we all are well aware are still n play. This supports belief that STX is still being played with very deep pockets from both sides of the ledger. The issue of short holding and coverage notices next week may provide more clarity on this. GLTAH as we fundamentally await confirmation of outcome W7 and leadership and direction from Harvest Terrace. This is however a good result today for STX. Embrace the moment and enjoy as they been few and far between in recent times. My opinion only of course!

 
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