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Takeover bid coming from Linda cook?, page-112

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saracenm

213 Posts.

18

18/11/17

15:23

Post #: 28918136
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Originally posted by Jace1984 ↑

Can you post the email address for complaints please. I'm really peeved about this. As a long term STO shareholder, I finally sold out on September 25. After no dividend was announced and the price eeked its way back up to $4 I'd had enough. If it had been revealed to the share market in August that they had received a takeover offer well above this I would have held onto my shares. Surely they are in breach of their continual disclosure given that this information has now been revealed to the market and had an immediate material affect on the share price. I think they are also leaving themselves open to a class action. Yesterday I bought back in @ 4.98 because I think this has further to run. I am only trying to recover my losses now, but the fact that they had a firm offer on the table and were clearly in play should have been disclosed two months ago.

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There wasn't a firm offer, there still isn't one.

No breach here, this was a reasonable approach not to disclose. None of the business commentators that I have read have had any issue on this

STO Price at posting: $5.01 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $6.79		Change -0.040(0.59%)		Mkt cap ! $23.02B

Open	High	Low	Value	Volume
$6.85	$6.86	$6.77	$34.22M	5.035M

Buyers (Bids)

No.	Vol.	Price($)
2	16991	$6.79

Sellers (Offers)

Price($)	Vol.	No.
$6.80	104270	4

View Market Depth

No.	Vol.	Price($)
4	129176	6.920
6	233123	6.910
9	295156	6.900
11	303505	6.890
4	129828	6.880

Price($)	Vol.	No.
6.940	107742	9
6.950	424616	27
6.960	247191	13
6.970	73167	4
6.980	17507	1

Last trade - 16.10pm 05/11/2024 (20 minute delay)

STO (ASX) Chart