STOsh IMO need to get through a round of rolling over debt and hedging policy ( if any) before the are seen to pay too much out IMO. Pay out low to middle - enough to keep confidence
Sell down Alaska or play with the big boys while prices are high and rates to borrow low- money is actually avaliable now but with woke world it can dry up. ? Were are they going to get that diversification and leverage Alaska provides from buying something elsewhere ? Literally STO got Alaska as a bonus in takeover- they haven't paid a cent for it. . That is why there are buyers lining up now it is partially derisked. I am not sure any aussie listed company will ever get exposure to an asset like Alaska again in my lifetime in USA region where it can be financed today. .
Add 4 to the list . Later a Capital return to holders - plays havoc with shorters and players , tax effective- shareholders love it.
PS Hope all longtermers had a great Chrissy and New year and upcoming Chinese new year.
STOsh IMO need to get through a round of rolling over debt and...
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Last
$7.89 |
Change
-0.030(0.38%) |
Mkt cap ! $25.62B | |||
| Open | High | Low | Value | Volume |
| $7.87 | $7.94 | $7.86 | $44.13M | 5.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25085 | $7.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 39733 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |