It isn't as extreme as it might seem.
A 15% annual rate of return from the current $6.50 or so would see STO get to $10 in 3 years (assumes no dividends).
Corporate finance theory would say they should make around 10% pa (for an equity investor to break even on cost of capital).
Ann: Revised Harbour Energy proposal, page-53
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.89 |
Change
-0.030(0.38%) |
Mkt cap ! $25.62B | |||
| Open | High | Low | Value | Volume |
| $7.87 | $7.94 | $7.86 | $44.13M | 5.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25085 | $7.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 39733 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |