It is interesting that there have been two dumps of STX shares today (at time of posting). The first at 11:02am and the second at 12:54pm. Only another 14,000 traded at market open. Reading the announcement I was impressed by the cautious approach STX seem to be taking by taking their time to do things right. What they have done makes sense to me although I am certainly no O&G expert. I wonder what would have made today’s dumper offload today? The news doesn’t seem to me to be bad and certainly no more so than the last announcement. I would love to hear psi81’s views on the announcement. Thanks
It is interesting that there have been two dumps of STX shares...
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