STX 2.27% 22.5¢ strike energy limited

This stock is no bargain. IMHO it's overpriced. The fact is stx...

  1. 142 Posts.
    This stock is no bargain. IMHO it's overpriced.

    The fact is stx has one decent prospect in terms of a potential oil/gas find and a few other less probable prospects. There has been much hype and positive press about stx over the past couple of months and the "herd" has reacted accordingly.

    STX is a small, speculative resource stock, which to date has no proven track record and just one decent prospect that has maybe a 30 % chance of success. How on earth can this stock be considered a bargain at around $0.40????
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
22.5¢
Change
0.005(2.27%)
Mkt cap ! $643.6M
Open High Low Value Volume
22.5¢ 23.0¢ 22.0¢ $2.095M 9.322M

Buyers (Bids)

No. Vol. Price($)
37 1543383 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 613863 5
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.