Invertedva, look like end game.
If rinehart gets 40%. Plausible. She just stops and converts to Stx shares for 40% Stx hold. Then if min sells there wgo to rinehart, another convert 55% of Stx.
Game over once your past 51% in control. Is why I sold wgo to Stx, plus already had Stx and been buying more Stx.
In a way might get two takeovers for the same coin.
Rinehart likes to control, and the mixup ensures she will have it all.
I've always seen Stx as prime to control the urea market here and get a fair chunk of global sales on it.
Pivot is the only producer here, rest imported from China.
Ann: Strike - Commencement of despatch and open of Strike Offer, page-45
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $501.4M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $1.170M | 6.732M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1634397 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 617607 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |