Lowest close today since 21 March and from a close of 44c on 11 August it's a fall in market cap of $177.5m in a month. As usual I will be assailed by the STX chorus and branded a bed wetter and a whinger. However, putting abuse aside, what is it the market doesn't like about STX recently? I understand the market is a fickle beast and prices rice and fall at times it seems without reason. Emotion? But logically shouldn't STX be stronger with so many near term catalysts for growth and progress? I personally believe the company acted without candor and honesty in the leadup to the TPD debacle. Further they have been less than forthright with their own shareholders regarding progress and news coming out of SE. Does anybody have any idea how Walyering can begin producing this quarter with all the variables and unknowns surrounding the finalization of the outcome of the TPD deal? Or will we be on the receiving end of more company BS? For those who are happy with the way things are going and don't see anything in particular to worry about. I am happy you are satisfied. On the other hand I am more puzzled and disappointed each week lately at the market's lack of confidence in Walyering and SE and the continued absence of company progress news. Nothing succeeds like success and the sole arbiter of success is the share price. So where does the STX choir think we are heading and where will we be at the end of the year?
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Last
23.0¢ |
Change
0.020(9.52%) |
Mkt cap ! $659.0M |
Open | High | Low | Value | Volume |
21.5¢ | 23.0¢ | 20.8¢ | $2.859M | 12.94M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 226888 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 4366669 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 226888 | 0.225 |
5 | 380000 | 0.220 |
8 | 878892 | 0.215 |
14 | 1340308 | 0.210 |
31 | 1224333 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 3809669 | 31 |
0.235 | 738380 | 17 |
0.240 | 1313046 | 16 |
0.245 | 678188 | 14 |
0.250 | 2059188 | 27 |
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