I disagree.
Through repeated capital raises we were languishing in the low to mid 20c. We are now (because of events) low 30 c perhaps headed to mid 30c. Our value is not the sum of parts it is corporate value that in the current regime needs to constantly capital raise. Hence a significant discount on value of the sum of parts. Also keep in mind potential that is significantly discounted, 3 Billion for Haber !!!
Currently because of the script for script offer we are tied to WGO share price,
My view on outcome:
1) Gina will have a blocking stake perhaps in joint with STX,
2) STX will pull the script for script offer,
3) STX share price say Feb / March next year will settle back to 25c,
4) Then STX will have a takeover bid from Gina
Just my view. I sold some shares yesterday, happily at a good profit. I am likely to sell more this week based on the above as my view I will be able to buy them back significantly cheaper in a few months.
Just me thoughts.
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $487.1M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 16.0¢ | $1.708M | 10.27M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 929388 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 1165570 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 860835 | 0.165 |
56 | 4466995 | 0.160 |
20 | 1016395 | 0.155 |
34 | 729563 | 0.150 |
9 | 551948 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 1105570 | 8 |
0.175 | 1774180 | 13 |
0.180 | 942433 | 8 |
0.185 | 820010 | 17 |
0.190 | 1135367 | 15 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
STX (ASX) Chart |
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