STX 2.78% 17.5¢ strike energy limited

why announce a capital raising now..?, page-34

  1. 13,006 Posts.
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    dc1234: I would assume - rightly or wrongly, of course - that STX's sp will retreat back towards the CR price, which has been mentioned as being at 17c. So a retrace from around 19.5c down to about 17.5c is somewhat likely... Time will tell as usual.
    wasa
 
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