This stock is so heavily shorted , that a sniff of a asset sale or takeover offer would add $$ to the current price under $5
My question is if Woodside or another larger player wanted to buy STO what price would the board accept ?
There is not much value bidding for a company if you know the offer will be rejected the cost to both is high in legals costs and no one needs that
Takeover Looming, page-3
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Last
$7.94 |
Change
0.000(0.00%) |
Mkt cap ! $25.78B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $7.99 | $7.93 | $47.72M | 6.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67051 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.95 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |