As a (very) longterm holder of STX, I - like most / all I would assume - see big red with Strike at the current share-price, naturally.
Also, it does SEEM to me that Orica might walk away in the early part of next year IF no real tangible success will come about - hence the level of RISK seems to increase quite a lot.
Now to my simple question: There is a rights issue at 7 cents on offer which looks 'cheap' compared to the currently traded price of STX. However, IF no good outcome soon, 7 cents might look expensive next year perhaps?
SO: Are YOU other long-term (or shorter term) holders of STX going to participate in this rights issue or not??
Thanks in advance.
wasa
a simple question to other STX holders
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18.5¢ |
Change
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Mkt cap ! $530.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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