I have a conspiracy theory for us all...someone is trying to weaken STX in order to undermine the TPD TO, to enable a successful cash offer without engaging in a bidding war with STX, who will again only offer scrip - which the market may take a dim view on.
Juicy isn't it?
No. Not really. No TO of strike. No machiavellian play on TPD. Just a SP that has been made vulnerable because STX can no longer play the game of greater fools. Market enthusiasm is dulled whilst Walyering cant be brought on line. Exacerbated by general market malaise.
None of which any of us enjoy. So I will stop jawboning and negative talk. That's me done for the weekend.
SP sentiment and MEDIA, page-202
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $572.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $1.339M | 6.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 674181 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 741329 | 6 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |