Interesting trading opportunity for STX
Hold now for outcome of current Jabber well
(perceived to be low risk, but lets see).
If Jabber is a dud STX could drop back to 12c or so.
But then there should a recovery in the lead up to the drilling of Hestia in late August. Opportunity to hold thru this also or get out at somewhere near original entry.
What does this mean? Pretty STX is a good buy right now to hold thru the result of Jabber for little downside and reasonable upside if it comes in a winner. STX only have 10% of the small Jabber target so not too much scope for excitement but STX is well supported so with that the following run into Hestia could be a good month for STX if the flip of the coin lands right.
Im back in.
acturtle
low risk trade?
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $601.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $1.313M | 6.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 592504 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 748432 | 9 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |