Australia's largest stock trading and investment forum Australia's #1 stock forum

STX

Click for more information

2.50%

20.5¢ strike energy limited

Much appreciated. Thanks

First 2 Last

Share
Profile

Follow
Con80

710 Posts.

86

13/08/24

12:44

Post #: 75183887
Share

Originally posted by invertedva: ↑

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.

Expand

Much appreciated. Thanks

STX Price at posting: 16.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

ALR

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

SNG

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

WR1

Winsome scoping study proposes low-cost operation for Adina lithium project

WMG

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

PTR

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

There are more pages in this discussion • 25 more messages in this thread...

First 2 Last

Add STX (ASX) to my watchlist

(20min delay)
Last 20.5¢		Change 0.005(2.50%)		Mkt cap ! $580.2M

Open	High	Low	Value	Volume
20.0¢	20.5¢	19.8¢	$728.0K	3.628M

Buyers (Bids)

No.	Vol.	Price($)
40	869202	20.0¢

Sellers (Offers)

Price($)	Vol.	No.
20.5¢	2456401	73

View Market Depth

No.	Vol.	Price($)
39	854437	0.200
27	1305923	0.195
17	1050925	0.190
10	1073999	0.185
21	1865484	0.180

Price($)	Vol.	No.
0.205	2431787	68
0.210	1070021	22
0.215	1436110	15
0.220	1095625	13
0.225	230238	6

Last trade - 15.39pm 17/09/2024 (20 minute delay)

STX (ASX) Chart