STX 0.00% 21.0¢ strike energy limited

Any T/A specialists that would be willing to comment on their...

  1. 347 Posts.
    Any T/A specialists that would be willing to comment on their short/medium term outlook for STX?

    I'm in a position to add a few more now, but basically wondering whether I should just dive in at market - or hang on a couple of weeks and grab a few extra ones while we wait for GF3 testing, and perhaps get in at around 26c?? SP seems to gather momentum to high 20's/low 30's after each flow rate confirmation before pulling back to around the mid-20's level... that's my read anyway.

    I'm hoping that following GF3 and then D4, and of course reserve assessment - that we can re-establish ourselves back in the mid-30's before the end of the year, and then the blue-sky sometime next year... but just anticipating that the opportunity for cheap stock in the mid 20's might arise again before then....

    Thoughts? Anybody else so convinced as to be adding at the moment?
 
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