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
$7.99 |
Change
0.160(2.04%) |
Mkt cap ! $25.94B | |||
| Open | High | Low | Value | Volume |
| $7.86 | $7.99 | $7.84 | $46.97M | 5.897M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7542 | $7.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.00 | 69021 | 29 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |