STX 8.82% 18.5¢ strike energy limited

Eregulla Deeps, page-264

  1. 426 Posts.
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    Hi

    "...Even if a SF does lend, the custodian does the lending, not the SF, they are not resourced for that"

    This is the bit one can control. The SF/Entity has to approve/allow the Custodian to do lending.
    I am one of those fellows hidden inside a T20 Nominee account. And I DO NOT ALLOW my shares to be thrown into some kind of slushy pool in which the custodian can lend out shares to brokers, shorters or whoever. It's all about choice.

    This is where the candid conversations should happen between STX board and T20 - Nominees, custodians or whoever. Don't care - root it out.
    At least get some more transparency around major shareholder entities - who is doing what, for whom and why.
    STX moves through a critical phase from being a Developer to now Producer.
    So now we have a T19. Process of elimination right!

    To @Spockie valid point.
    Maybe through this "discovery exercise", STX finds better Advisors and Funding partners and better strategic JV partners for future growth. Win:Win
    Root out the "Bawbags" and set up a stronger STX.


 
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