End-of-week trading burst in Strike Energy raises eyebrows

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A big burst of end-of-week buying in Strike Energy has raised eyebrows amid speculation about the next consolidation move in the increasingly popular onshore Perth Basin.

Just over 96.3 million Strike shares, or 3.4 per cent of the company, were traded on Friday, with the late trading sending the stock nearly 7 per cent higher to a close of 39.5¢.

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