STX 2.94% 17.5¢ strike energy limited

Someone's just made another 160k shares available for you at 26c...

  1. 618
    3,317 Posts.
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    Someone's just made another 160k shares available for you at 26c there, 618 - you want to grab those ones as well? :)

    Heh heh... afraid not unless I sell out of something else. Given my position in STX is nearly the same as my WPL holdings, it's already pushing the boundary of one of my own rules - to never be overweight in a small cap (<200mn MC) and has no divvy. However, given its extremely compelling investment profile, I have made it an exception to the rule since it satisfies many other rules. STX is quite a unique case in the sense that it is not common to find an E&P stock that is trading at such a discount to its risked NAV and DCF valuation.

    I might well be wrong on this, and end up learning a very expensive lesson. But at this point in time, I'm still quite confident that I am more right than wrong :o)

    618
 
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Last
17.5¢
Change
0.005(2.94%)
Mkt cap ! $501.4M
Open High Low Value Volume
17.5¢ 18.5¢ 16.8¢ $2.209M 12.51M

Buyers (Bids)

No. Vol. Price($)
4 557444 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 1520968 6
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Last trade - 16.10pm 20/08/2024 (20 minute delay) ?
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