STX 8.33% 26.0¢ strike energy limited

Markjamo.....if you read some of the broker reports in detail...

  1. 5,347 Posts.
    lightbulb Created with Sketch. 2640
    Markjamo.....if you read some of the broker reports in detail they range from a 7% to a 14% chance of success (COS) and thus why they have a 17 cent or a 26 cents target in the short/medium term.

    I am no genius but 7%, or even 14%, COS at this stage of proceedings seems very low to me.

    I think they cant put a larger COS on it than that because if they extrapolate their models out to a higher COS they get such a large number that it would look stupid to recommend to their clients a share price that is that much higher than it is currently trading at (ie) they have a "reasonality" factor in their model to try and fit a share price target into their spread sheet.

    You will notice they also list Unrisked numbers...ranging from $1.20 to $1.32 I believe.

    IMO
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
26.0¢
Change
0.020(8.33%)
Mkt cap ! $744.1M
Open High Low Value Volume
24.0¢ 26.0¢ 24.0¢ $2.803M 11.09M

Buyers (Bids)

No. Vol. Price($)
2 238460 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 907108 9
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
25.5¢
  Change
0.020 ( 7.19 %)
Open High Low Volume
24.0¢ 26.0¢ 24.0¢ 2892014
Last updated 15.59pm 29/03/2024 ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.