If Macquarie wanted to extend the debt facility or increase it, they would advantage from a depressed share price as that raises the cost of equity (relative to the cost of debt).
I'm not worried at all by the share price, there is enough gas, and upside to support the current price plus change...
I think the funding uncertainty is contributing to what is holding this back. Once the funding sources are certain and locked away, then it's just a matter of watching the projects and cash roll in.
However, it would be good to hear clarity on what mix of debt / equity is being contemplated and when and how much equity capital is required
STX Cash, page-3
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $601.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $1.313M | 6.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 592504 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 748432 | 9 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |