STX 5.00% 19.0¢ strike energy limited

why the long wait , page-22

  1. 4,439 Posts.
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    Couple of weeks back when there was an announcement, it didnt sound positive. I still feel that there are some people who know more than others, although i was put down last time. The fact is that from here around 16c to get to 25c which it was few weeks back, is itself a gain of over 50%. So something does not look good. Also, cr threat is always there. In hind sight, they could have done one at 20c and got away with it. Now the results have to very good for that. It can still happen, as some people feel that nobody is selling because of any general or specific knowledge, but have to admit the odds are decreasing. I have always been perplexed, they hold great assets, but it does not translate to sp. maybe the next leg up. Wish the holders well, there is no fun in losing money, and i hope there is a good positive announcement soon.
 
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