You could be right Rye though I sense something has changed over the past few weeks. The doubt previously priced into the stock with respect to PB gas demand is now being eliminated and positioning is occurring on the back of this.
The re-rate during WE2 was also heavily influenced by traders, though based on recent price action I see some heavy accumulation in anticipation of future events not yet known to the market. Speculators to follow.
Strike has a great pipeline of known events over the next 12-18 months, but it is those not readily apparent which seem key.
My takeaway? Any sentiment associated with negative Jaws results will be readily offset (and has been largely factored by most holders based on the current trial data). Spin up a material change to well status and you will see a price premium re-built fairly quickly.
So much to like event in this volatile environment. Here's hoping we can maintain some stability moving forward.
Just my thoughts, cheers all.
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You could be right Rye though I sense something has changed over...
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $530.0M |
Open | High | Low | Value | Volume |
17.0¢ | 18.5¢ | 17.0¢ | $2.155M | 12.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 851855 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 131078 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 593855 | 0.180 |
13 | 898781 | 0.175 |
34 | 2111342 | 0.170 |
28 | 2089452 | 0.165 |
39 | 1603646 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 76078 | 5 |
0.190 | 1277542 | 11 |
0.195 | 1127755 | 4 |
0.200 | 894999 | 13 |
0.205 | 685147 | 7 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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