I'm waiting for a share price plunge or a capital raising. It's that time of the season. CBA, MYR, NAB, ORG. When there is a requirement to re-balance the balance sheets then a SP slide always preceeds a CR. All options will remain on the table so long as Santos management sell energy in a bear market. They will have no trouble raising the capital, but you can be sure that the share issue price will be at a handsome discount to the market price.
$3bn Capital Raising, page-18
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Last
$6.90 |
Change
-0.060(0.86%) |
Mkt cap ! $22.40B | |||
| Open | High | Low | Value | Volume |
| $6.97 | $6.99 | $6.89 | $75.56M | 10.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 101550 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 24252 | 7 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |