Hey Specking, I believe that if STX need to raise funds, it won't be a simple case of issuing shares to sophisticated s/h or existing ones.
I believe that they have a multitude of options up their sleeve. Remember that Orica still has to pay up if they are successful. Orora and the other one( can't remember) may also be approached to tip a little in.
Then there is MacQuarie Bank. ( I know not much has been mentioned about this one, but I believe( now only MHO) there are some people from there who have a lot of interest in STX becoming successful._ so maybe, just maybe, they may decide to stump up some cash for an equity in the project) All speculation- so don't be so hung up on a capital raising.
Pls explain..., page-3
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $630.3M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 21.8¢ | $1.294M | 5.754M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1113107 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 402790 | 5 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |