I am afraid that ftroop is much closer to the mark than you. There is nothing to stop Hancock threatening to sole risk wells on WE and forcing STX’s hand.
On the gas processing STX could not raise the sums required on an equity raise at today’s prices. It be highly dilutive. If they needed say $250m it would be more than a third of the market cap. They can only use 15% without shareholder approval. 15% is
I am afraid that ftroop is much closer to the mark than you....
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $600.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $1.823M | 8.720M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 2609916 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 924248 | 12 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
21.0¢ |
Change
0.000 ( 1.78 %) |
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| Open | High | Low | Volume | ||
| 21.5¢ | 21.5¢ | 20.5¢ | 3418630 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| STX (ASX) Chart |