Happy to be corrected, but I don't believe the SPP shares can be traded today. They may be showing in some people's portfolio (mine are) but they are unavailable units to sell. The SPP timetable states the SPP shares will be quoted tomorrow. As per the reasons set out by other posters, we'll likely see selling tomorrow when the new units are quoted and available to trade.
from the offer doc...
Issue Date of New Shares under the SPP Monday, 5 May 2025 Quotation of New Shares under the SPP Tuesday, 6 May 2025
STN Price at posting:
26.5¢ Sentiment: None Disclosure: Not Held
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