STX 2.17% 22.5¢ strike energy limited

oh no, pls dont read it that way. They're all business people...

  1. 3,127 Posts.
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    oh no, pls dont read it that way. They're all business people and people from the upper echelons of society all right. And smart and cunning as river rats and greedy as pigs too. We dont know where their allegiance lies. My view is that many of the top 20 or more maybe friendly ... to each other... not necessarily to you or I.

    Have a look at inverteds register...HSBC almost tripled their holding...right about the time that the WGO business was starting...

    Think of this also...someone (with enough stock) is lending their stock to allow 50 - 100m of shorts...personally, if i was in the position of wanting the share price to appreciate, i would not be lending stock to shorters for a measly 1% or whatever they get...knowing this will be used to f around with the SP...but in the rarefied atmosphere of the big end of town...who knows what nudges and winks are going on?

    We have all seen how STX should really be valued at around 80c based on a look through val of the Hancock transaction. Why is this not the case? Do you think Hancock and their mate are dumbasses and paid too much for WGO and therefore it is not an appropriate valuation? No way. Like i said, if Hancock spends $1, they will want to make $2.50 and if they only have to spend 50c to get the $2.50...even better.

    What im trying to say is retail SH need to have their wits about them and know that someone will try to "steal" this. And they will use every trick in the book...even a backdoor entry via TPD takeover...No one listened when i said the TPD register looked like it was stacked with "friendlies".

    The only thing you and I can do as the hoi polloi is hang on to your shares and make them know they have to pay something reasonable.
 
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22.5¢
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23.0¢ 23.0¢ 22.0¢ $501.0K 2.230M

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27 2046366 22.0¢
 

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Price($) Vol. No.
22.5¢ 318000 5
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