Jake I agree with some of your points (in both posts)...my viewpoint no 3rd party is going to come into this until they see established commercial flow rates(we definitely don't have this atm): to develop these fields requires massive money they wont commit on small flow rates (but I could be wrong),...stx management feel confident they can increase the flows...many directors have bought into this company last year...in the end you have to trust in their ability and invest or sell out (many of them will lose out as well)...although I'm sure they are far well off then the average investor in STX(huge general comment)....
another risk is an investor that does see some potential; waits for STX to drain its funds and then moves on our desperation...bargain buy...(in 6 months time and with no agreement they must look at CR - how long to get these flows commercial??????)
Me, I have invested..am confident in the management...but like Jake concerned at times on the lack of information - specifically around flow rates - I know they are not going to but it would be good to know how low and updated to see if in actual fact they are increasing as they allude to in each project update...interesting few months ahead, but the share price will stay planted right where it is until we know more of the specifics...But what would I know !!!
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $644.7M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 21.0¢ | $48.27K | 229.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 1464907 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 948918 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 41542 | 0.065 |
1 | 49500 | 0.063 |
2 | 181695 | 0.062 |
4 | 227100 | 0.061 |
3 | 64667 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.066 | 73350 | 1 |
0.067 | 100000 | 1 |
0.068 | 194209 | 3 |
0.070 | 40000 | 1 |
0.071 | 123966 | 1 |
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