It makes sense about strike essentially mothballing WE as they are the operator, the issue with that play is that it would obviously piss off Gina. She may even retaliate by suppressing the STX share price until they bring WE back into play in that scenario. That's how a spiteful rich person would play it. We have seen the STX share price do the complete opposite to what was expected after good news has been released so it can be done (just go through the last 6-12 months of news released and the corresponding price movements). Gina could surpress the share price all the way through SE which would cause alot of angst amongst even longterm staunch supporters.
The threat of mothballing any projects is a bad move when dealing with people that usually get their way, hell she even had a court case with her own children over money so let's not poke the bear.
- Forums
- ASX - By Stock
- Ann: Takeover Offer for Warrego
It makes sense about strike essentially mothballing WE as they...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
|
|||||
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($) | Vol. | No. |
---|---|---|
28.0¢ | 820079 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 80250 | 0.275 |
14 | 1138369 | 0.270 |
5 | 465632 | 0.265 |
12 | 320576 | 0.260 |
3 | 252621 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 482958 | 11 |
0.285 | 933593 | 12 |
0.290 | 299158 | 9 |
0.295 | 279001 | 7 |
0.300 | 1053232 | 15 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online