Do you think anyone will take that up given it is not underwritten and below the prevailing market price?
I don't speculate on share prices but if I did I would expect the opposite. Once forced selling from the raising dissipates and people appreciate the benefits of a stronger balance sheet.
It's still a very good price which is all that matters really.
Santos acquiring?, page-67
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Last
$7.19 |
Change
0.070(0.98%) |
Mkt cap ! $23.35B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.19 | $7.11 | $65.16M | 9.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12000 | $7.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.19 | 60887 | 2 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |