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20.5¢ strike energy limited

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

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Luck101

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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 20.5¢		Change -0.010(4.65%)		Mkt cap ! $586.4M

Open	High	Low	Value	Volume
21.5¢	22.0¢	20.5¢	$2.187M	10.41M

Buyers (Bids)

No.	Vol.	Price($)
4	198371	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	2586488	10

View Market Depth

No.	Vol.	Price($)
3	86763	0.205
24	1406009	0.200
24	989424	0.195
39	2124862	0.190
22	1115120	0.185

Price($)	Vol.	No.
0.210	2485661	9
0.215	3701758	19
0.220	1885748	23
0.225	1274473	18
0.230	461990	16

Last trade - 16.10pm 12/06/2024 (20 minute delay)


Last 20.5¢			Change -0.010 ( 3.03 %)
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