I see 2 problems with cutting Jaws loose:
1. It'll probably trigger a repayment of the gas prepayments. STX would want to conserve as much cash as possible right now.
2. It'd be a hit to the current management's credibility. They were the ones to declare Klebb a technical success. So they have to demonstrate that Jaws could have worked (technically feasible) but was ultimately noncommercial.
I see 2 problems with cutting Jaws loose: 1. It'll probably...
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $629.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.8¢ | 22.0¢ | $953.2K | 4.276M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 1256953 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 803387 | 4 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |