Can someone please explain the lack of interest in this stock and why the market cap is cheap
Cash on hand plenty of positive work in the pipeline,literally,and massive upside potential.
Just bought a load after a very credible friend put me onto STX
Tenements in western NSW which has potentially multi tcf Gas and is expected to be proven commercial very soon and supply up to 60% of the NSW gas.Supply in NSW is dwindling and STX tenement is directly above the Cooper basin pipeline so the Capex to get to production is extremely favourable so much more so then Beach Energy and other players in the area.
Currently .12
Numerous broker reports have targets of 1.20-1.60
Massive Potential
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Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $643.6M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 21.5¢ | $3.339M | 14.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 337869 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 1651352 | 24 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| STX (ASX) Chart |