I agree 100% with your sentiments. However, I believe the offer price will be 38 cents i.e. VWAP + 40% VWAP roughly being 27 cents for the last month. The first offer could be 20% followed by a second 20% to dress up the offer. While I see the Board rejecting 38 cents, STX posters of the last couple of weeks have shown a sense of share price frustration that could translate into holders selling. I've been STX a long time, but like Hardcash said I will be holding until advised by the Board to accept. Hopefully, it won't come to that, and I'll still be around to reap the benefits of Haber. What a great legacy to leave my daughter.
All the best.
Ann: West Erregulla Update, page-39
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $586.4M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $603.7K | 2.988M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 95 | 4320447 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 3205858 | 83 |
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| STX (ASX) Chart |