STX 1.14% 22.3¢ strike energy limited

SE 60cents minimum on success imo, page-488

  1. 2,997 Posts.
    lightbulb Created with Sketch. 2714
    I reckon the Board will be dead keen to avoid raising more capital. Walyering cashflow is possibly less than 12 months off, with WE maybe just 12 months later. Yes, we receive just half of each income stream, but we share the costs, too.

    The strategy is becoming clearer daily. It would be a brave punter now to bet against a big resource being declared at SE and once that’s done, Haber is a lock. I doubt we’d raise capital to help fund that; more likely our share in the equity will be fully borrowed.

    I could be wrong, but I reckon this week’s firm SP growth is simply the market responding to the flow - pun intended - of good news, rather than a pre-CR pump. Hard not to see this at 40 cents by month’s end.

    OOO
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
22.3¢
Change
0.003(1.14%)
Mkt cap ! $637.5M
Open High Low Value Volume
22.5¢ 22.5¢ 22.0¢ $101.5K 455.6K

Buyers (Bids)

No. Vol. Price($)
21 837287 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 1296293 16
View Market Depth
Last trade - 12.26pm 06/11/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.