There is a fair price on everything.
Maybe Senex don't want to pay it, maybe they do. As you said, they need a long life resource and we have it. But all the proof of concept is not yet done. But we are very close.
Once the risk is removed, we are worth $1.00 plus. But what are we worth today.
So what would be a fair value today. One where our top 20 would be happy to change ownership. I think a dollar is a bit high so maybe 50 cents. Would Senex offer us 5 SXY shares for two STX shares? Maybe they will. Time will tell and it would get my attention.
Cheers all
There is a fair price on everything. Maybe Senex don't want to...
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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 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| STX (ASX) Chart |