STX shares closed at 35c on 4th May this year, so in my view, if 35c wasn't enough to tempt longer term holders to sell, then 38c won't do it either.
I agree with other posters that the longer term value for STX shares is at least $1, so any takeover at a lesser price would be a major disappointment for those of us who have big hopes that STX will be allowed to reach it's price potential.
The main driver for selling now would be if you have bought STX shares with money that you can't afford to tie up for another year or so.
Ann: West Erregulla Update, page-44
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| Open | High | Low | Value | Volume |
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