Thursday is drilling report day so there is bound to be more good news.
There is no reason for the share price to fall back as it is already too cheap for a gas discovery of 10mm cuft pd.
These flow rates are well within the expected results from similar wells in the area in similar strata.
All going to plan, in 3 months time STX could have 4 such wells.
MT.
lokking good, page-4
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Last
21.8¢ |
Change
-0.008(3.33%) |
Mkt cap ! $629.3M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $526.6K | 2.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 3634398 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 1226392 | 52 |
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| STX (ASX) Chart |