Elliot,
39 to 47 is just a realisation of the inherent undervaluation finally being corrected via (1) a technical break above previous highs (multiples of them around 40-41 over recent years), (2) start of short covering from the largest short position on the co I think ever ?, (3) possibly the start of the large caps trying to find their way to a holding that they can launch with.
Add in traders and you have a perfect storm.
SE1234, you might need a bigger calculator ! Well done
Rumour, page-123
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Last
28.0¢ |
Change
0.030(12.0%) |
Mkt cap ! $801.0M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 28.3¢ | 24.5¢ | $7.221M | 26.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 293004 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 820079 | 16 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| STX (ASX) Chart |