ok so they have a fair amount of cash (I participated in that raise at 12c- one of my few positions with stn that is in the money) but historically that will get them until year’s end. Then what. Why is boutique overseas managed money getting involved on market, the bigger question here. Look, very positive to see however just contemplating the future capital needs with a holder who m may want a sale. I’m thinking electrum and breaker as an analogue. Small raises and then a take out. Hopefully it’s good either way.
Further Exploration, page-24
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $86.48M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 27.5¢ | $35.84K | 129.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17403 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 50000 | 1 |
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| STN (ASX) Chart |