STA.... Here We Go!, page-22

hey @no-idea2016 , are you suggesting that STA uses some of that cash to take out the cappers?? I love it! Not sure that it would be appreciated by anyone other than me (and ATO might look it over) but it would be great to see them put on their butts. There is more bot action going on today - on the CXA one is ticking through orders for 2059.

This is cynical speculation on my part, and probably wrong, but it all smells of ulterior motives. Assuming we're getting Coburn up, which I think is the case, then a broker perspective sees a pretty safe doubling+ for their clients from this price point, based on recent reports. But that return, which is what they need to sell people into a placement, is lower from the 20s which makes their sell (ie commission) harder to get.

The stupid thing though, if this play is going on, is that the long term returns and viability of the project are so much better from a higher raising start point. It's broadly destructive behaviour.