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Alaska could have been sold by now and we would be relatively...

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oze_wolverine

2,607 Posts.

124

19/10/21

20:21

Post #: 56918443
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Originally posted by Teddyward: ↑

Totally lockstepo with STO and STO is sluggish on massive increases in world demand for energy and yesterdays Narrabri announcement. Not that Narrabri wasn't expected but confirmation should have created a larger bounce. Well all OSH holder can hope for is a increase in STO price and be dragged up by it and hopefully when all into STO stock it goes for a run to justify the worst ever timing by OSH managment to lock themselves to another company and lock into such a long drawn out non competitive bid creating no price tension. The large STO short was interesting and can't work out if it was a china ploy to frighten the horses or a genuine collar by a company wanting to limit downside and was happy to limit upside as well. STO did well to announce it and I am sure that is what teh party wanted. No obligation to announce teh reversal or gradual closure. There is no guarantee they will hold that position to term so it is still a unknpown and still no idea where some shares went. I suspect they are sitting on trading desks after being placed at a discount , part hedged and gradually working their way out system now..

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Alaska could have been sold by now and we would be relatively unencumbered and have higher leverage to POO again. Le sigh.

OSH Price at posting: $4.53 Sentiment: None Disclosure: Held
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