STO 0.94% $7.55 santos limited

The buyers just keep on coming, page-5

  1. 442 Posts.
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    Buyers/ holders have 110% of the stock. Shorts hold minus 10%
    Holders have probably purchased most of their stock at North of $7.00, with the remainder at less from the shorts.
    The current holders are probably not distressed sellers, so probably won't be selling their stock at less than $7.00.
    Where are the shorters going to repurchase their shares? Probably from other shorts who are selling at a higher price. These shorters have competition from other buyers.
    They reckon short positions have actually increased as the price has increased to the current 10%.
    Where are the shorts going to get the shares to close out their positions? They could ask the company for a 10% placement.
    When judgment day comes, there is going to be a massive short squeeze, the shorts will begging to buy at any price.
    Shorts get out while you still can. Buyers keep the pressure on.
 
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Last
$7.55
Change
0.070(0.94%)
Mkt cap ! $24.52B
Open High Low Value Volume
$7.52 $7.55 $7.45 $49.37M 6.568M

Buyers (Bids)

No. Vol. Price($)
3 109504 $7.54
 

Sellers (Offers)

Price($) Vol. No.
$7.55 11885 3
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Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
$7.54
  Change
0.070 ( 1.08 %)
Open High Low Volume
$7.52 $7.55 $7.45 1464580
Last updated 15.59pm 07/05/2024 ?
STO (ASX) Chart
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