Do you think anyone will take that up given it is not underwritten and below the prevailing market price?
I don't speculate on share prices but if I did I would expect the opposite. Once forced selling from the raising dissipates and people appreciate the benefits of a stronger balance sheet.
It's still a very good price which is all that matters really.
Santos acquiring?, page-67
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Last
$7.75 |
Change
0.005(0.06%) |
Mkt cap ! $25.23B | |||
| Open | High | Low | Value | Volume |
| $7.81 | $7.82 | $7.75 | $10.17M | 1.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 8662 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.75 | 42263 | 34 |
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| Last trade - 11.14am 15/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |