This is precisely what I was thinking.
It may go even deeper in that if there is a predator looking to acquire a stake they may also be the one responsible for shorting. Would be a smart way to do it.
So they short the stock to lower the price. Aquire a stake when the indexes exit and close their short position. Not bad if that’s what is happening.
This is precisely what I was thinking.It may go even deeper in...
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $501.0K | 2.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 2046366 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 318000 | 5 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |