STX has a market cap of approx $100m atm so people really need to be aware of the downside risk at the current shareprice.
If JAWS and WE fails we will be looking at a company with minimal to no cash, no short or medium catalysts and no reserves or resources. It will be lucky to sustain a market cap of $10m which translate to a SP of 0.60cents.
There is significant upside risk no doubt but you need to balance that against the chance of success at JAWS and WE , say 10% and 25% respectively IMO.
Ann: Jaws Pilot Update, page-100
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.3¢ | 21.5¢ | $326.5K | 1.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1041360 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 307617 | 23 |
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| Last trade - 14.04pm 22/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |
