Great post, Alex. It seems to me the market agrees with you and assumes Strike is not currently in the auction. Our SP gain has been much more modest than Warrego's, indicating (well, to me at least) a bid for STX is not likely at this stage.
They say 'money walks', but at this point I cannot see the possibility of a valuation our Directors would be comfortable to recommend - there are simply too many unknowns in Strike's current 'discovered' portfolio, let alone that currently only inferred. And Haber does not crack a mention in that but surely even at 'concept-with-gas-feedstock' stage it has to be given substantial value by our Directors.
To bang on ... and on and on ... as I do, Strike's Board raised capital at exactly the right time to pre-empt this consolidation of the Basin. We remain masters of our destiny for the time being.
OOO
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Great post, Alex. It seems to me the market agrees with you and...
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Last
18.5¢ |
Change
-0.015(7.50%) |
Mkt cap ! $530.0M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 18.5¢ | $3.622M | 19.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 1678858 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 616306 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 1613858 | 0.185 |
22 | 1216659 | 0.180 |
10 | 539714 | 0.175 |
19 | 826511 | 0.170 |
15 | 1277894 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 616306 | 3 |
0.195 | 1095255 | 6 |
0.200 | 748092 | 15 |
0.205 | 545147 | 6 |
0.210 | 523820 | 14 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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STX (ASX) Chart |