Not suprised that STX got a 'please explain' from the ASX given the price dropped greater than 10% on the day of the quarterly, the ASX even mentioned the price points of 7.5c and 6.6c.
Not a great look for the company given the event happened on 1/1/19.
Other than waiting and hoping for JAWS to come back online the other major item will be the cashflow of STX and that R&D refund. The next quarterly will reveal if STX can limp along until WE results before the next cap raise.
The last thing we need is yet another cap raise before the JAWS and WE results.
Ann: Response to ASX Aware Query, page-12
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.5¢ | $406.2K | 1.888M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 761416 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 510371 | 6 |
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