You are already wrong as the share price slumped post offer ceasing. Gambling on it being higher in 12 months doesn’t make you right if it occurs - just as lotto is a bad bet, but the lottery winner doesn’t think so.
The share price factors in future cash flows and growing at the cost of capital. You are double-dipping on your future dividend comments.
And STO is hardly a unique risk/reward proposition.
Good luck with your hunches, I will stick to long term investing with a suite of opportunities
You are already wrong as the share price slumped post offer...
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 (20min delay)
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Last
$6.92 |
Change
0.120(1.76%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.89 | $6.97 | $6.88 | $62.55M | 9.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7956 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 52471 | 6 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
