Thursday, Feb 8, was the day before the Trading Halt and at the same time the last trading day before the inclusion of STX into the ASX 200 index.
The trading volume at that day:
ASX: 21mln before closing auction
c’boe: 9mln
ASX closing auction: 51mln
ASX late crossing: 21mln
Total: 102 mln
Index funds were strongly on the buy side on that day and the late crossing most likely a transfer to an index funds.
The company was aware that SE3 was found (unexpectedly) overbalanced and couldn’t flow on Monday (5th) after close. Hence, three days of trading remained until the TH and the last of those three days was heavily impacted by the large (and predictable) demand coming from the index funds.
They should have went into Trading Halt on Tuesday 6th before open… after 17 loyal years with Strike I sold frustrated and disillusioned at 24c…
Ann: Response to ASX Aware Query, page-169
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $686.9M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.3¢ | 23.0¢ | $2.375M | 10.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 397363 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 496987 | 6 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 2.13 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 24.0¢ | 23.0¢ | 4094689 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| STX (ASX) Chart |