Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

Strike Energy Ltd (STX)

Sydney
Currency in AUD
Disclaimer
0.215
+0.015(+7.50%)
Closed

STX Comments

Good news announcement today by Strike, yet the price has dropped considerably. Scratching my head as to why the price drop?
after a 400 % plus rise over the last few months imo allot of people jumped on the news to take profits, as you can imagine lots of profits where there to take, friday took out allot of stop loss also with people that bought in late around the 300 mark, moving forward for both STX and WGO they have a big oil and gas conference this week, and you can only assume the rock star welcome they will get after an amazing drilling program has ended, they are grabbing further information about the finds that will also imo have great results, once the well has been flow tested the true value will be seen, and risk will be gone...IMO this JV has along way to go in growth and is very exciting, well done to people buying in now at cheap pricing and congrats to people who sat in for the ride..great times ahead
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.