STX 0.00% 23.0¢ strike energy limited

why is stx screwing around? nc., page-8

  1. 5,784 Posts.
    A multi, multi bagger at present for me chicken little.
    Selling the converted oppies at 16 now gives the same after tax return as selling them at 12 cents in June - can fall another 25% between now and then and I still get the same $$$$ after tax on that parcel ;-) And by June more will be known on drilling, AIM listing of North Sea assets, Cool Energy testing, SC54 JV, West Linapacan status, 3rd area of interest, Vitol upgrade of Galoc news sinks in etc... etc...

    You might need them to drop to about 11 just to get back in at the same position you exited after you cough up tax - and that is just being equal with having never sold. Meanwhile looks like you invested that dough in another couple of pooches that fit your kennel quality RRS - lol!

    You're a bright spark.
 
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