Why would it? All miners do farm outs it is a fact of life. It is a trade off between given up some upside (laying off some risk) and preserving cash to do many other things. Prudent management I would say.
As you said this company has good management with a credible track record. I believe they would have done a deal which in their opinion benefits STX shareholders.
Why would it? All miners do farm outs it is a fact of life. It...
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $515.7M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $1.632M | 9.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 792631 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 1251448 | 9 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |