Agreed VAGA, Also- I think Hartley’s will have to revalue the stock at some point to align with the new revenue that STX will be announcing as they did on the 5 May when D2 came on board and doubled revenue at the time. You would have to think that the new valuation with the additional 2 wells would be around 75c. The market does not seem to care about any of the valuations given to STX so far and probably fair enough too. Once the new revenue figures are out on paper and the growth %’s are official then this will have to change. I would suspect that the next 4weeks would be the last chance for buyers to pick up stock in the 30’s because they will be a thing of the past.
“Interesting times” – most definitely…
company update, page-6
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $501.0K | 2.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 2046366 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 318000 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |