Hi Idle Wanderer, I cannot see a drop out of the asx 300. The reason being STX still have a pipeline of projects that increases cash flow over time and a debt facility to assist in getting there. It is a very challenging period and hopefully things start to turn soon. In addition to the pipeline of projects we have the drill spinning and any positive results will definitely support our position.
If there was an issue at Walyering or further depletion of SE1 then I agree out we may go and that would be a painful exercise. All in all I am still positive STX will find a way through this difficult period.
Analyst price targets, page-25
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $515.7M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 17.5¢ | $2.236M | 12.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1296010 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 68215 | 3 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |