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
28.0¢ |
Change
0.030(12.0%) |
Mkt cap ! $801.0M |
Open | High | Low | Value | Volume |
24.5¢ | 28.3¢ | 24.5¢ | $7.221M | 26.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 293004 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 820079 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 80250 | 0.275 |
14 | 1138369 | 0.270 |
5 | 465632 | 0.265 |
12 | 320576 | 0.260 |
3 | 252621 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 482958 | 11 |
0.285 | 933593 | 12 |
0.290 | 299158 | 9 |
0.295 | 279001 | 7 |
0.300 | 1053232 | 15 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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