STX 5.26% 20.0¢ strike energy limited

Can someone please explain the lack of interest in this stock...

  1. 6,296 Posts.
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    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
 
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Last
20.0¢
Change
0.010(5.26%)
Mkt cap ! $565.0M
Open High Low Value Volume
19.0¢ 20.5¢ 19.0¢ $1.776M 8.916M

Buyers (Bids)

No. Vol. Price($)
5 638944 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 1149148 10
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
STX (ASX) Chart
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