probably a bit of price manipulation and a few day traders taking their 2 c a share profit for the day.
re manipulation - I was a bit suspicious as well when the 350k sell orders got put in at 38c, realistically they were never going to be taken out so I feel they were there to provide a dark cloud and flush out the sellers. It worked and the sellers chased the market down at the close. I am sure the STX faithful on this site are holding tight :-).
Still a good result for the day. Up 2.5c.
company update, page-26
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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 |