Patience, Patience, Patience !!!
The SP is not about the short term or near term (6months)
Strike recent Corporate deal with TPD is so logical = lock in the future cashflows
Why rush to sell this Gas to STO at $6 / Gj/
Within 2 to 3 years price will be $12 / Gj
Strike have ample cash in the bank to keep drilling out SE and keep padding out the Reserves.
Yes, the recent drop in the SP does hurt, but its only a problem for those that Trade the Stock or want the Money b4 December.
I say, let the drill bit do the talking at SE.
Assuming the Drill goes well ... and we find something Sexy. The SP will rise accordingly.
After all, we are still an exploration Company .... ATM !!!
Patience !!!
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16.8¢ |
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Mkt cap ! $472.7M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 1319584 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 2301277 | 38 |
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No. | Vol. | Price($) |
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39 | 1230186 | 0.165 |
64 | 5543387 | 0.160 |
29 | 1365521 | 0.155 |
40 | 792617 | 0.150 |
11 | 612098 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 2868137 | 41 |
0.175 | 1613905 | 15 |
0.180 | 1153929 | 10 |
0.185 | 871663 | 19 |
0.190 | 1223670 | 19 |
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