I agree, Calvo. If the US goes down tonight, and, as we all can see STO is drifting back to $12.30 proximity, STO will still be cheap on MON . Knowing that there is not much of action happening on Mondays (as we are waiting - again- for the Yanks) STO should not move up just like that.
In addition, daily SO has not turned, there is no clarification from the management what the game plan is....all of that is telling me to wait (as an investor) or play it (short and quick) as a trader.
Buyers are building up slowly.
possible consolidation, page-21
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Last
$7.74 |
Change
0.090(1.18%) |
Mkt cap ! $25.13B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $7.80 | $7.71 | $70.72M | 9.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20574 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |