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23.0¢ strike energy limited

Thanks R75. I agree-except for 7.There is nothing in the Interim...

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Luck101

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139

24/02/24

14:23

Post #: 72576417
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Originally posted by roosters75: ↑

Hi all, I thought I’d start a new thread that focuses on the positives only.

PLEASE SAVE NEGATIVITY FOR THE OTHER THREADS!

Facts:
1. We’re producing gas at Walyering.
2. W7 has the potential to significantly increase reserves (perhaps double??) and we’ll be drilling that in Mar/Apr.
3. We have gas at WE and will be drilling more holes there in Q2/3.
4. No doubt SN will find a way to put the gas from SE1 into production. There’s no way he’s leaving that in the ground.
5. SE3 has pressure building in the well head, so who knows?
6. Despite points 4 & 5, the market has written off SE in its entirety, and then some. STX sp is cheap as chips right now!
7. We know the WA Govt will change the LNG policy. They’ve said so in black and white. We only have to wait until May for this.
8. Majority of instos have Strike at a STRONG BUY. Euroz adjusted their price target from $0.48 to $0.39.
9. Ocean Hill (albeit Q4) could be huge.

Lots to stay positive about in the coming weeks/months!

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Thanks R75.
I agree-except for 7.
There is nothing in the Interim Report which says a change in PB export ban is coming.
The more certain change is toward compliance with 15%-and thats where Woodside has a major problem.

STX Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
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Last 23.0¢		Change 0.000(0.00%)		Mkt cap ! $651.1M

Open	High	Low	Value	Volume
23.0¢	23.3¢	22.5¢	$1.247M	5.442M

Buyers (Bids)

No.	Vol.	Price($)
5	96643	22.5¢

Sellers (Offers)

Price($)	Vol.	No.
23.0¢	463740	6

View Market Depth

No.	Vol.	Price($)
5	96643	0.225
13	530735	0.220
11	676274	0.215
18	526737	0.210
12	908672	0.205

Price($)	Vol.	No.
0.230	463740	6
0.235	430806	16
0.240	753670	14
0.245	707807	9
0.250	560117	9

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 22.8¢			Change 0.000 ( 1.09 %)
Open	High		Low	Volume
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