STX 2.56% 20.0¢ strike energy limited

Waylering 7, page-105

  1. 8,409 Posts.
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    Three-year shorting graph.

    https://hotcopper.com.au/data/attachments/6177/6177222-73639b1898eed91dd4890cad5e2bd69d.jpg

    I can't see any logical reason you'd want to keep shorting STX after it has already experienced a very large sell-off event. We are also producing strong revenues, so CR risk is limited.
    The three main explanations for short-selling that I can think of are: a). bog-standard bot activity (with related-party transactions reported as short sales. 2). speculation/preparation for exiting the ASX 200, or 3). straight-up manipulation pending a takeover offer.
    Might be a combination of all three.
 
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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
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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