A couple of observations , clearly STX will now have enough gas for Haber now IMO , 55 million shares of shorters will now have to cover there position or possibly borrow more stock , say another 10 or 15 million and try hard to hold the share price back , regardless these players will get burnt . What has also been interesting the creation of another board seat at Min Res for Santos CEO , very unusual , and now Blackrock have announced a major share holding of over 5% in Min Res . With global oil and gas becoming a world issue , funds have been withdrawing from Russian companies investments ,and looking at safe energy investments globally , the Perth Basin region as a whole is being proved up as a major source of significant cheap gas , I believe the big guys are circling . Min Res won't miss the chance to be a major player in gas , suppling there own operations and others converting from diesel to gas , operating costs to gold and iron ore operators will increase significantly with diesel passing well over 2 dollars, gas makes enormous environmental sense and cost savings profits to the bottom lines . Blackrock always take positions strong positions . WGO , STX , NWE . all have great acreage , plus industrial with Haber , global fertilizer is now a critical issue , I think in time your 60 cent value will be smashed , as I am convinced after a positive announcements in the weeks ahead , we will be seeing offers from far bigger players . I would love to ride this stock out , but I think that will be very unlikely .
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Last
22.8¢ |
Change
-0.003(1.09%) |
Mkt cap ! $650.8M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 22.5¢ | $648.6K | 2.826M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 758278 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 1920470 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 645611 | 0.225 |
18 | 855968 | 0.220 |
17 | 695616 | 0.215 |
22 | 1475505 | 0.210 |
23 | 642839 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 1702634 | 31 |
0.235 | 737620 | 14 |
0.240 | 362617 | 11 |
0.245 | 500000 | 2 |
0.250 | 615568 | 12 |
Last trade - 11.02am 03/07/2024 (20 minute delay) ? |
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