STX 0.00% 21.5¢ strike energy limited

STX has a market cap of approx $100m atm so people really need...

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  1. 1,360 Posts.
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    STX has a market cap of approx $100m atm so people really need to be aware of the downside risk at the current shareprice.
    If JAWS and WE fails we will be looking at a company with minimal to no cash, no short or medium catalysts and no reserves or resources. It will be lucky to sustain a market cap of $10m which translate to a SP of 0.60cents.

    There is significant upside risk no doubt but you need to balance that against the chance of success at JAWS and WE , say 10% and 25% respectively IMO.
 
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Last
21.5¢
Change
0.000(0.00%)
Mkt cap ! $644.7M
Open High Low Value Volume
22.0¢ 22.0¢ 21.5¢ $615.6K 2.846M

Buyers (Bids)

No. Vol. Price($)
17 862958 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 1640055 14
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
STX (ASX) Chart
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