STX 1.28% 19.3¢ strike energy limited

Ann: Walyering Production Update, page-207

  1. 1,514 Posts.
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    I hear you. I have held quite a few over the years but STX is the only one that has me bitter and twisted. Always does the opposite to what I expect and I never expected to be stuck holding STX for three years. Down again today against the backdrop of being a producer and earning revenue? They could discover gold at the next drill and the SP would not reflect any positivity. I was always waiting for production at Walyering or I would have most probably been out around 50c. I firmly believe STX was knowingly making false announcements about production and were dragging their heels attempting to weaken and distress TPD to strengthen their position for an opportunistic takeover attempt. Anybody attaching credibility to those Walyering production announcements became collateral damage. Cheers.
 
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