Like I said sometime ago, why pay top dollar for a company when it is so easy to force the price down. Fundamentals tell me STO should have been up the past few weeks like WPL, yet it was down most days. Now that it has broken support at $15 it will probably keep dropping until whoever decides the price is right, either that or the profit potential of this company has just evaporated and nobody noticed. Business is ruthless but as a shareholder I'm holding on to this, because even though games will be played I believe within the next few years this will be one of the shining lights of the ASX, provided they haven't been absorbed by some Goliath.
potential takeover, page-4
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Last
$7.65 |
Change
-0.250(3.16%) |
Mkt cap ! $24.84B | |||
| Open | High | Low | Value | Volume |
| $7.82 | $7.87 | $7.63 | $64.18M | 8.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 164973 | $7.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.66 | 4000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |