STX 2.27% 21.5¢ strike energy limited

Great article - thanks for sharing...If you're wondering why the...

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    Great article - thanks for sharing...If you're wondering why the STX share price is where it is atm(and has been for some time)...look no further to what's happening with this decision from the WA Govt.
    Everyone's waiting(and has been waiting) on the sidelines to see the anticipated result...if things change in the policy (export ban lifted amongst others) look out...STX with the largest holding of Perth Basin gas might just be in the sights of not just one energy company but a few (heavy players)...38c will be laughable...just an opinion and no certainty as yet. (BTW our share price over the past few months has been at 38-40c but this on very low volumes - watch the change in volume of turnover each day as the first indication of a shift in the share price - either way I might add). Who knows things might happen before May 2024 as a few get quite itchy feet and want to sure up reserves before then...
 
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