Entry into the 200 was always going to exert pressure on the stock; the poor well result was incredibly unlucky in its timing. As usual on the market, it's up by the stairs and down by the escalator. No matter how good SE2, we can expect a long, slow haul back to the 40s, never mind the 50s.
In my mind STX just became an even longer hold than I'd planned ... unless a third party swoops on our weakened position, which is always possible.
We've had better weeks, my friends.
OOO
STX Charts, page-1079
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $643.6M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.3¢ | 22.0¢ | $2.570M | 11.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1560870 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 525234 | 8 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |