It saves them from doing a CR right now. If Talon raises the money, then they can use the money to permit the well, procure long lead items, onsite preparations, etc.
And when it comes time for STX to front up money for Walyering, it'd be post FID when the shareprice (hopefully) would be much higher.
It saves them from doing a CR right now. If Talon raises the...
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Last
20.0¢ |
Change
0.015(8.11%) |
Mkt cap ! $573.0M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.5¢ | 18.8¢ | $1.839M | 9.285M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1895959 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 157824 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |