Look at where STOs quest for glory and growth got it:
1. Almost bankrupt
2. Dilutes the crap out of shareholders
3. $15 stable share price to a multi decade low of $2.90.
4. Asset sales
5. Sells a blocking stake to China
6. No dividends for years.
Sometimes the slow and steady path is better. It’s why I prefer WPL.
STO Dividend, page-36
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Last
$7.66 |
Change
-0.010(0.13%) |
Mkt cap ! $24.87B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.73 | $7.66 | $51.80M | 6.770M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 125654 | $7.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.67 | 1506 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| STO (ASX) Chart |