STX 2.22% 23.0¢ strike energy limited

shorts, page-187

  1. 92 Posts.
    lightbulb Created with Sketch. 37
    yeah but you won’t get your money for 10biz days.
    2 weeks. So you either need to fund it or risk that it’s not here in 2 weeks time. For 1c seems risky.
    as an aside. I was involved in the original 1:1 share swap which got STX to ~19%. Split over a few accounts and brokers.
    parts of that only just settled last week.
    So the moral of the story is, (and I’ve said this previously)
    don’t get cute for pennies. Opportunities that appear to be there in theory really aren’t for regular punters.
 
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