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
20.3¢ |
Change
0.013(6.58%) |
Mkt cap ! $565.0M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.5¢ | 19.0¢ | $1.110M | 5.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 1656904 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 2375238 | 48 |
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| Last trade - 15.30pm 31/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |