Looking at the increase volume of shares on sale, it seems the trading halt on Friday left the shorters with a few million leftover shares to get rid off.
Maybe they will offload today, then settlement will occur this afternoon.
It's the only way I can explain offering up so many shares in the face of a major de-risking and increase in buy-side support. (i.e. it's not how a sensible/rational seller would seek to offload so many shares).
Will be interesting if all those shares remain there at open.
Looking at the increase volume of shares on sale, it seems the...
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $565.9M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 18.8¢ | $14.93M | 76.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 2270909 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 3861038 | 44 |
View Market Depth
| Last trade - 15.02pm 03/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |