If they were giving themselves free shares, I would be worried. Some directors will do that. But STX directors are investing their own money to support the company towards commerciality (albeit at a small discount). And, as Rexsh said once, if they didn't support the capital raising, people would be belly aching about that too.
I really can't understand the pessimism around here. I've never been more excited about STX than now (and perhaps only more excited about a few other stocks...which were eventually taken over).
If they were giving themselves free shares, I would be worried....
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $515.7M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 17.5¢ | $2.236M | 12.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1296010 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 68215 | 3 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |