Yep state street borrowing and returning shares to enable shorting IMO is the way I read it. . They sure as hell aren't doing it for the dividend stripping. Quick look and 8 mill short is a big punt late last year? Interesting either the short is finished or lenders have called the shares back and dreaming of some franking on a divvy?
Has to be leveraged pairs or synthetics and options being done here as STO price is not mirroring the underlying commodity market at all .
Will they reload again afterwards?
https://www.shortman.com.au/stock?q=sto
Yep state street borrowing and returning shares to enable...
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Last
$6.90 |
Change
-0.060(0.86%) |
Mkt cap ! $22.40B | |||
| Open | High | Low | Value | Volume |
| $6.97 | $6.99 | $6.89 | $75.56M | 10.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 101550 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 24252 | 7 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |