STX 2.22% 23.0¢ strike energy limited

Elliot, 39 to 47 is just a realisation of the inherent...

  1. 5,347 Posts.
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    Elliot,

    39 to 47 is just a realisation of the inherent undervaluation finally being corrected via (1) a technical break above previous highs (multiples of them around 40-41 over recent years), (2) start of short covering from the largest short position on the co I think ever ?, (3) possibly the start of the large caps trying to find their way to a holding that they can launch with.
    Add in traders and you have a perfect storm.

    SE1234, you might need a bigger calculator ! Well done
 
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