I don't actually think its a stock for patient investors anymore. I think with in a year will will know whether it will fly or not.
Its a stock for those with a high risk appetite. But still think, even taking into account the risk, I still think its undervalued. I see it as a 50-50 proposition at this stage (at worst) with the successful outcome worth > $1billion.
Strike Energy Progressing in the Cooper Basin, page-4
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Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $643.6M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 21.5¢ | $3.339M | 14.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 337869 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 1651352 | 24 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| STX (ASX) Chart |