what will happen is the acquirer (the current seller/manipulator) will offer say.....VWAP + 20% to all shareholders and if no other offers come forward they will argue that this is a reasonable offer that should be acepted!! If that VWAP is $0.28 and not (for example) $0.48, then they save millions!!!!
Don't worry, just follow the STX Board, they will have your best interests in mind because our interests and theirs are the same - best value for STX shareholders, that's us and them!!
Having someone like Macquarie Bank (an institution with real fire power) on the register is handy at these times, they can go into bat for STX and push any bidders much harder!
My pure spec!
Ann: West Erregulla Update, page-36
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Last
20.0¢ |
Change
0.035(21.2%) |
Mkt cap ! $573.0M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 20.0¢ | 17.8¢ | $5.012M | 26.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 435841 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 2021336 | 30 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |