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Ann: Webinar Registration for Q4 FY24 Financial Results, page-137

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thecone

7,328 Posts.

870

01/08/24

04:28

Post #: 75016461
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Originally posted by Gouldians ↑

I don't think the SP is being manipulated for a TO. That's usually just an excuse. Provide me with an example of where a company's SP was suppressed only to then see the board accept a cheap TO offer. I don't recall an example.

I don't think there's any CR risk anymore and assume the market is probably still spooked from S2/S3; any slightly negative news will kill the SP.

So what's left??

1) Flow test not so great. (low risk IMHO although the longer they test the more concerned I get)
2) Recent wells don't hit pay. (medium risk...could end up a duster)
3) Government continues to disallow exports. (high risk...some people must know the outcome already or at least why it was originally delayed)

The outcome of the last is probably most likely known given the amount of people involved in the report. My money is on this not going STX's way and the shorts know.

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Wgo.

STX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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Last 23.8¢		Change 0.003(1.06%)		Mkt cap ! $687.6M

Open	High	Low	Value	Volume
23.5¢	24.8¢	23.5¢	$1.704M	7.054M

Buyers (Bids)

No.	Vol.	Price($)
14	1205875	23.5¢

Sellers (Offers)

Price($)	Vol.	No.
24.0¢	937127	19

View Market Depth

No.	Vol.	Price($)
15	1401875	0.235
13	1365650	0.230
12	990018	0.225
16	1744572	0.220
16	2148697	0.215

Price($)	Vol.	No.
0.240	595654	14
0.245	971897	20
0.250	2816625	39
0.255	2930497	11
0.260	5079993	22

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