there is a very real chance that today's activity was driven by a fund manager or super fund exiting a position in STX because of their mandate position compelling them to do so.
Example: The share price of any stock within their portfolio drops 20% (for whatever reason) they must exit 100% the postion.
Stop loss & margin calls would have already been exercised on Tue....
Ann: South Erregulla Update, page-337
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $643.6M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.3¢ | 22.0¢ | $2.570M | 11.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1560870 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 525234 | 8 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |