Well they diluted your capital well over 100% since you bought in at $7.75. So the market cap would be around $29 billion at $14 a share.... Thats higher than Woodside's market cap by a few billion. I dont see that happening personally. POO would need to be $100.
STO have raised a lot of capital at $12.50 to fund GLNG (we got burnt hard on this by putting $100s of thousands in it). $3.90 and $3.85 or whatever it was. Cant remember. Many would be happy with $6-$7 if a TO was to occur. I cant see $7 at current POO.
STO Price at posting:
$5.01 Sentiment: Sell Disclosure: Not Held
