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18.5¢ strike energy limited

Hard to see this long period of elevated Cross Trading being...

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Idle Wanderer

2,401 Posts.

503

12/07/24

21:26

Post #: 74734190
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Originally posted by Sthbound: ↑

I like your positive thinking, however i think we have limited prospects for more positive in the short term, and after watching what happened with the last 5 or so positive announcements and negative or minomal movement i think it would have little affect other than quash hopes of tlus true investors. IMO i reckon a lot of shares are moving back to original owner via cross trades along with an invoice for price suppression, ready for another squash. Like 618 said the underlying value and prospects of the company is still growing regardless, just not being reflected in SP. Even if W7 flow test comes in good i think they will still squash and we will all be arguing on HC forums again. The big tickets will be ED result and Domgas outcome, very close together. If both those land in STX favour, IMO we should see a decent breakout, but expect the opposite if not. Mind you even if ED presents well, we still need time for a test.
Hold tight, cross fingers and toes.
GLTAH

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Hard to see this long period of elevated Cross Trading being connected in any way with shares moving back to their original owners. That happens by means of the shorter buying on Market and then the actual transfer back to the owner occurs not on stage, so to speak, but backstage.

STX Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 18.5¢		Change 0.015(8.82%)		Mkt cap ! $530.0M

Open	High	Low	Value	Volume
17.5¢	18.5¢	17.5¢	$1.194M	6.650M

Buyers (Bids)

No.	Vol.	Price($)
1	150000	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	835380	14

View Market Depth

No.	Vol.	Price($)
1	150000	0.180
14	1366735	0.175
20	1659941	0.170
19	759410	0.165
31	1504984	0.160

Price($)	Vol.	No.
0.185	835380	14
0.190	835738	8
0.195	685482	10
0.200	684790	10
0.205	599557	9

Last trade - 16.10pm 14/08/2024 (20 minute delay)

STX (ASX) Chart