The Australian online just reported that Credit Suisse have speculated that STO may be ready to announce a capital raising as early as today to take advantage of the approx 8% rise in the POO and almost 50% rise in the STO share price over the last week.
I would generally have more faith in financial market comments from the tuck shop lady rather than CS but you never know.
Potential capital raising
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Last
$7.59 |
Change
0.130(1.74%) |
Mkt cap ! $24.43B | |||
| Open | High | Low | Value | Volume |
| $7.50 | $7.60 | $7.48 | $28.42M | 3.555M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 19430 | $7.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.59 | 20955 | 27 |
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| Last trade - 11.51am 21/06/2024 (20 minute delay) ? |
| STO (ASX) Chart |