Market cap of both companies are around the same mark (140-150m)
so you cant expect STX to copy the rise of GLL as we have a greater share dilution,
What we need is to book a reserve.
The market will price the value of that reserve and the share price will move accordingly.
Its going to be easier on your stress levels if you stop ttying to compare STX to other companies and just enjoy the ride.
If it all goes to plan the share price will rise. Whether its an explosion or a gradual slope doesnt matter as long as its in the upwards direction.
Market cap of both companies are around the same mark (140-150m)...
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Last
28.0¢ |
Change
0.030(12.0%) |
Mkt cap ! $801.0M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 28.3¢ | 24.5¢ | $7.221M | 26.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 293004 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 820079 | 16 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| STX (ASX) Chart |