The shorting is only the tool to keep the lid on STX
and to buy STX on market…
The 4 weeks average trading volume of strike was 5.14m times 34 trading days since the shorting picked up on Aug 14 equals 175m Strike shares or 6,5% of SOI (fully diluted) so far…
The party behind the curtain likely bought not all of these shares but was definitely in the position to build a decent stake… and the short selling and buy cheap opportunity will last until Dec…
Ann: South Erregulla Update, page-169
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Last
23.5¢ |
Change
-0.045(16.1%) |
Mkt cap ! $672.2M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 23.0¢ | $7.053M | 28.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 647219 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 6075 | 1 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |