A takeover from SXY doesn't make much sense to me. They already have a massive growth project on their plate so the additional capital expenditure required to fund STX's project seems too much. Beach seems like the mostly likely choice to me or maybe EWC if they decide to put a larger focus on production in Aus.
Takeover talk, page-9
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $530.0M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.5¢ | 17.0¢ | $2.155M | 12.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 851855 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 131078 | 7 |
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| STX (ASX) Chart |