So, just to show how disconnected Strike's share price has become from the fundamentals, I thought I'd put together a chart showing the relationship (or lack thereof) between recent announcements and the share price.
Ironically, only the end-of-year re-setting of short positions had any meaningful effect on the share price. It just goes to show how much power the bots have.
We've also seen meaningful progress across all three major assets: Walyering, West Erregulla, and South Erregulla.
I'm just posting this so people can retain some perspective. And help those sitting on the sidelines to make their own assessements. I resisted the urge to mention the recently uncovered corporate skullduggery.
I'll let people make their own minds up about the primary drivers of the share price struggles and ridiculous levels of short positions that we've observed. I'll just say that I think the lead-up to the ASX 200 exit is only part of the explanation.
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So, just to show how disconnected Strike's share price has...
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $587.4M |
Open | High | Low | Value | Volume |
20.0¢ | 20.5¢ | 19.8¢ | $921.8K | 4.574M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 431071 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 1685893 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 431071 | 0.200 |
9 | 1172185 | 0.195 |
14 | 1108659 | 0.190 |
9 | 1039949 | 0.185 |
19 | 1826434 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 1685893 | 27 |
0.210 | 975666 | 19 |
0.215 | 1406476 | 13 |
0.220 | 1095625 | 13 |
0.225 | 230238 | 6 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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