STX 7.14% 22.5¢ strike energy limited

most telling is it only got to 6% shorted at over a billion...

  1. wot
    10,305 Posts.
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    most telling is it only got to 6% shorted at over a billion market cap when the se2/3 drill result leaked.. 9% based on nothing at the historical low of 585m mc.. insane..obviously a myriad of posters trying to justify it.. but we now trade at less than the wgo takeover value.. (440M X 7/5 = 616M ) thats for ONLY West Erregulla.. Walyering FCF 80m pa no longer priced in...Something will break soon.. or they can keeping paying up and go to 15% shorted. 2 weeks to go for Ed/w7/govt revision. TICK TOCK. Pay up state street/jp.
    Last edited by wot: 22/07/24
 
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