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STI Stratex

0.425
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Stratex LSE:STI London Ordinary Share GB00B0T29327 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.425 0.40 0.45 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Stratex Share Discussion Threads

Showing 31626 to 31650 of 35200 messages
Chat Pages: Latest  1276  1275  1274  1273  1272  1271  1270  1269  1268  1267  1266  1265  Older
DateSubjectAuthorDiscuss
27/2/2017
08:23
Drop is overdone, can sell 500kBut can't buy 100k
shortarm
27/2/2017
08:21
I wonder if turkish law specifies a debtor must pay off the debt first before receiving an income and this overides contract law?

I am keeping an eye on this share, lots I like. All the hard work done, lots of money raised and spent already, potential profit in sight an along comes another knock!

Not an ' investment ' a timing opportunity.

escapetohome
27/2/2017
08:19
Nice kick in the teeth this Monday morning, not the news we were so much hoping for :-(
novicetrade68
27/2/2017
08:18
No. I do not want in lower. The fact is that Stratex is Altintepe at the moment.

There is therefore no reason to be invested at the moment as Altintepe is not bringing in revenues.

When there is a near prospect of Altintepe bringing in money, the market will be buyers. Until then the market will be full of sellers.

Finally, for those saying it was priced in, a) look at the share price - it wasn't, and b) what about the rubbish I was reading on here recently about the delays being because Bahar were going to buy out Stratex...

sicilian_kan
27/2/2017
08:15
When they state they have cash does nyone know how much and what their burn rate is??
bigglesbingham
27/2/2017
08:14
Yes it does but only after years of time and large legal expenses. Neither of which Stratex can afford.
sicilian_kan
27/2/2017
08:14
Yes danieldruff. If STI can get a resolution here there is substantial upside.

s_k suddenly reappeared wants in lower ;-)

soulsauce
27/2/2017
08:13
International Arbitration WILL resolve this issue and it happens worldwide.

It is where these disputes get resolved independently after the parties involved fail to agree.

goldenshare888
27/2/2017
08:09
I reckon they are owed $3-4 million
danieldruff2
27/2/2017
08:08
Goldenshare, not a chance. They have been negotiating for months and months with Marcus and months and months with Bob before.

The whole point of today's RNS was to state to the market that the negotiations had failed.

Yet you think that miraculously writhin weeks things will change. It won't. If it could today's RNS would have been worded differently.

sicilian_kan
27/2/2017
08:06
The Bahar situation is just a continuation of the assumed status quo. The share price already reflects it IMO. Disappointing though that we are still waiting for resolution.
gamesplayer
27/2/2017
08:03
Yes, the situation is fluid with expansion drilling costs etc, so probably a simple addendum to the deal is required.

I am not worried as the mkt cap is so low anyway and I see more upside than downside from here.

I pencil in April for resolution.

goldenshare888
27/2/2017
08:02
danieldruff yes just had a better read and see it is 'net' so probably about a third of that but still a decent amount and a nice cash cow once at 45%.
soulsauce
27/2/2017
07:52
It could still be a differing point of view. If I were Bahar I would not have paid out until the extension drilling was complete, the results from that can only just have come in, or maybe haven't landed yet. They are still talking which is a hopeful sign.

Charles, soul, you can't divide total revenue by 20% and say that's what Stratex are owed - FFS!

danieldruff2
27/2/2017
07:49
I imagine it will get sorted out under arbitration and Stratex will get their cash share.

It could be sour grapes as the deal looked very good for Stratex and perhaps Bahar using leverage to buy the whole lot!

Could work out well in the end for Stratex.

Fingers crossed....

goldenshare888
27/2/2017
07:49
What's ridiculous about it?

The market will be pricing in a) a placing, b) costs of litigation against a Turkish company, and c) protracted delays with better opportunities elsewhere.

Marcus has done a good job. He has had a bottom line and has been willing to go public about it. Something that Bob should have done over a year ago.

But that won't stop the price fall today.

sicilian_kan
27/2/2017
07:47
I would imagine the legal types would be at fault. And liable?So, court action next or just strong words...?
shortarm
27/2/2017
07:40
Perhaps Bob forgot to check the paperwork properly ?
goldenshare888
27/2/2017
07:39
Soul - so it would appear.SK please don't be ridiculous.
charles clore
27/2/2017
07:37
About the best you can say is communications have not broken down, and if you think it'll sort itself out, you'll be getting a cheap price today. But they're now 3 months short of a placing IMO which is down to ridiculous mismanagement of what was once a strong cash position, by we all know who.

A great pity as everything else in the update was great - good production, impressive grades from Thani, cash hole Dalafin effectively junked and no commitment to support Goldstone further.

Looks like Ariana will now have a market cap 4-5x that of Stratex, completing a swing which has been in train for some time.

danieldruff2
27/2/2017
07:29
So the company is owed over $9m?
soulsauce
27/2/2017
07:28
Price predictions any one?

Mine is 1.25p.

sicilian_kan
27/2/2017
07:24
There you have it.....
shortarm
27/2/2017
07:15
Oh dear. That accounts for the silence then. As put forward, no news on AIM is invariably bad
steve1905
26/2/2017
21:45
I very much agree King. When GRL starts to rise it has a history of rising pretty aggressivly. Added to the recent strength of gold, I see GRL as a decent buy at the current price.
5huu
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