It may well be. It's hard to know whether the market is fully valuing Walyering and discounting WE, or fully valuing WE (based on Hancock transaction price) and discounting Walyering. I suspect it's the former because it's very unusual for the market to discount cashflow.
Or the market might just be betting on a CR and therefore short selling it at any price with a view to buy back the stock via the placement. Who knows? All I know is the stock is trading at such steep discount that I am literally fill to spill with STX stocks in my portfolio. It's a good thing when a stock is trading at such an obvious discount because that's where good money can be made.
618
It may well be. It's hard to know whether the market is fully...
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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 |