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23.8¢ strike energy limited

Thanks R75. I agree-except for 7.There is nothing in the Interim...

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Luck101

2,066 Posts.

141

24/02/24

14:23

Post #: 72576417
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Originally posted by roosters75: ↑

Hi all, I thought I’d start a new thread that focuses on the positives only.

PLEASE SAVE NEGATIVITY FOR THE OTHER THREADS!

Facts:
1. We’re producing gas at Walyering.
2. W7 has the potential to significantly increase reserves (perhaps double??) and we’ll be drilling that in Mar/Apr.
3. We have gas at WE and will be drilling more holes there in Q2/3.
4. No doubt SN will find a way to put the gas from SE1 into production. There’s no way he’s leaving that in the ground.
5. SE3 has pressure building in the well head, so who knows?
6. Despite points 4 & 5, the market has written off SE in its entirety, and then some. STX sp is cheap as chips right now!
7. We know the WA Govt will change the LNG policy. They’ve said so in black and white. We only have to wait until May for this.
8. Majority of instos have Strike at a STRONG BUY. Euroz adjusted their price target from $0.48 to $0.39.
9. Ocean Hill (albeit Q4) could be huge.

Lots to stay positive about in the coming weeks/months!

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Thanks R75.
I agree-except for 7.
There is nothing in the Interim Report which says a change in PB export ban is coming.
The more certain change is toward compliance with 15%-and thats where Woodside has a major problem.

STX Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
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Last 23.8¢		Change 0.018(7.95%)		Mkt cap ! $679.7M

Open	High	Low	Value	Volume
22.0¢	24.0¢	22.0¢	$2.657M	11.45M

Buyers (Bids)

No.	Vol.	Price($)
25	146911	23.5¢

Sellers (Offers)

Price($)	Vol.	No.
24.0¢	2383622	85

View Market Depth

No.	Vol.	Price($)
16	72143	0.235
58	1305667	0.230
15	707170	0.225
21	1148439	0.220
20	863399	0.215

Price($)	Vol.	No.
0.240	2337186	80
0.245	948481	20
0.250	735736	15
0.255	400954	12
0.260	463942	13

Last trade - 15.07pm 09/05/2024 (20 minute delay)


Last 23.8¢			Change 0.018 ( 6.84 %)
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