STX 0.00% 21.0¢ strike energy limited

I agree@Wolfee , Who or for What reason is someone messing with...

  1. 1,668 Posts.
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    I agree@Wolfee ,
    Who or for What reason is someone messing with the SP ?
    Has some party been engaged to trash the SP , in hope of flushing out shares from nervous hands?
    It wouldn't be anybody who knows STX , as they would have got their fill recently, all they could want for 6.5c

    This game being played out on market after the recent CR seems strange.
    You simply can not get enough volume on market to make it a worth while play.
    Even IF you played this strategy out for 30 days .... you could churn 100m in share volume ... for what, picking up a few pips , even at 1/2c or 1 c total gain it seems like little money.
    sure though, current trading instils fear amongst some that .. you could loose it all !!!
    So yes you could get a hold of some shares with fear , but the Directors money and our money are in this until we get a good or a bad result from WE-2 , its too late for fear based or anxious based selling. Those that are still in now are in it ... until we now what lies beneath WE-2.
    I too do not understand the on market Trading.
    If games are being played ... and by whom ... and is there a benefit other than money involved here ?

    Last edited by Elliot5: typo 21/06/19
 
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21.0¢ 21.5¢ 21.0¢ $1.028M 4.884M

Buyers (Bids)

No. Vol. Price($)
46 3138906 21.0¢
 

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Price($) Vol. No.
21.5¢ 1481546 14
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