STX 7.14% 22.5¢ strike energy limited

I know there is a lot happening at the moment, but we went...

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  1. 759 Posts.
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    I know there is a lot happening at the moment, but we went through a period of hardly any updates and now updates are very frequent.

    In fact this update says:

    "The results to date whilst positive are preliminary in nature and are not indicative of the final outcomes of the planned long term production test"

    Obviously there is a backdrop of a very low share price.

    I cannot help but think they are trying to increase the share price and perhaps to keep a potential suitor away, or have a potential suitor offer a higher price.

    Given the price is creeping up and there is a lot of shorts, you would think the shorts have to close out soon, which will further increase the share price.

    Just my thoughts
 
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Last
22.5¢
Change
0.015(7.14%)
Mkt cap ! $644.7M
Open High Low Value Volume
21.5¢ 22.5¢ 20.8¢ $1.139M 5.298M

Buyers (Bids)

No. Vol. Price($)
47 1355483 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 1982302 45
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Last trade - 13.51pm 04/10/2024 (20 minute delay) ?
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