...all the more reason why I wonder about the logic of the placement @ 26 cents?? Surely after strong gas shows at flint we should have waited and taken the chance that flint would deliver and then placed the shares at at much higher price?
I acknowledge there is no guarantee that flint will come through but even if it doesn't STX would still be able to place @ 20-24 cents on existing production/activity.
All they have secured by going now instead of after flint is an extra 2-4 cents......I can't see how the extra upside to stx was not worth the gamble to wait???
An opinion only!
HC
...all the more reason why I wonder about the logic of the...
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $616.0M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.3¢ | $1.508M | 7.021M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1400246 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 236534 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |