Agree, CR...? Pretty risky trying to hold this down for a CR. If they manage to get 20% off on say $50m then they may 'save/get their clients' some $10m but if the market runs away from them they stand to loose a lot more by shorting it. And WGO have already gone, so...doesn't smell like CR problems to me.
It could however be TO games. If this is worth $400 when it could be worth $800 then spending $10-$20 keeping it down does start to make economic sense. But, the registry is well spread and there are some smart / heavy hitters on the registry and in the boardroom, so not likely to go easily or as cheap as this. Patience?
Board must be filthy about how the sp is going though when they may be looking at getting some money to develop. Another source maybe?
Agree, CR...? Pretty risky trying to hold this down for a CR. If...
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $616.0M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.0¢ | $4.542M | 20.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 343465 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 563407 | 9 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |