SHE 0.00% 0.8¢ stonehorse energy limited

I think SHE paid $1m into the myall well alreadyanother reason...

  1. 915 Posts.
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    I think SHE paid $1m into the myall well already

    another reason why SHE gets no exposure is because brokers don't care one bit about it because there's little to no prospect of raise. It's not just cash sustainable but management have also rejected calls for aggressively expanding production - something very rare for public companies (private companies it's normal behavior). Remember, the cost of maintaining public company is a price to pay for having easy access to new equity.

    Either way, SHE is playing an each way style bet in this current climate. Markets don't get excited for each way bets made by companies. Hence why I bought only when stock market cap is under its cash + investments balance. Clearly same with most others
 
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Last trade - 15.48pm 07/06/2024 (20 minute delay) ?
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