STX should sell into the HPL offer as it will allow them to control their own destiny with a decent amount of cash. There is no way STX would be able to raise 100million at 36c a share.
There is a good reason Macquarie lent 100 million. He who controls the debt controls the asset
Hancock wins WGO, page-43
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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 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |