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.
Takeover bid coming from Linda cook?, page-132
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Last
$7.02 |
Change
0.180(2.63%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.03 | $6.91 | $81.59M | 11.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 125302 | $7.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 766 | 1 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |