STX 4.65% 22.5¢ strike energy limited

I hope we see some good results off the back of this trading...

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  1. 2,341 Posts.
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    I hope we see some good results off the back of this trading halt, we sure need it to increase our market cap. However, I fear the damage has already been done to our share price and it will prove to be more of the same, despite the (hopeful) increase in intrinsic value. Should we see some good results, I feel they should have been propelling us into the 60's, but instead it will tip us into the low 20's - a whopping 20% increasae in share price to be trading at 24c?? Then to soon follow, I suspect there will be the usual downrampers on here sewing doubt into the announcement and a significant ramp up of shorts and manipulators to suppress the price back towards 20 cents.

    Can me cynical, but it's just the way I have observed it to be. For so long STX traded with a fair and unbiased market value, and it was great to be free! Then after the WGO battle, it seems clear to me that STX had a target on its back and ever since the share price has been manipulated at every opportunity.

    All the best to fellow shareholders. Fingers crossed for some goods news on Tuesday or earlier.

    Eventually, may we get something near fair value - but I'm not holding my breath. I think we will be exited from our holdings, but it will be at a value of less than half what it should've been.
    Last edited by khopchai: 01/09/24
 
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Last
22.5¢
Change
0.010(4.65%)
Mkt cap ! $644.7M
Open High Low Value Volume
22.0¢ 23.0¢ 22.0¢ $1.056M 4.706M

Buyers (Bids)

No. Vol. Price($)
5 262128 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 3834531 37
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
STX (ASX) Chart
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