Khop, i had to laugh at this.
LTR announcement today is a great example that something could be around the corner at any moment. The comment in their announcement "based on the share registry information..... x has acquired a % stake in..." was of particular interest to me. Even though it was well below the 5% number, they still reported off the back of the unsolicited bid.
STX has come out (i think it was JP via the AFR) and said they are monitoring the share registry very closely. Further, as we know, there have been some major liquidity events in STX via the rebal over the last few weeks. Whilst a great deal of vol would have gone to index funds, it does provide liquidity opportunities for a potential suitor to gain a material stake. With the most recent major liquidity event last Thursday (if i recall correctly) and it generally takes 10 business days to get updated share registry information, keep watch end of next week
If i am a betting man, if someone has crept into the share registry and despite it being below 5%, we will find out soon
- Forums
- ASX - By Stock
- STX
- shorts
shorts, page-361
-
- There are more pages in this discussion • 600 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $616.0M |
Open | High | Low | Value | Volume |
22.0¢ | 22.5¢ | 21.0¢ | $4.542M | 20.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 343465 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 563407 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 680227 | 0.210 |
14 | 878187 | 0.205 |
16 | 1600122 | 0.200 |
20 | 1202513 | 0.195 |
29 | 1334836 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 517953 | 8 |
0.225 | 1943976 | 12 |
0.230 | 1974439 | 22 |
0.235 | 670357 | 14 |
0.240 | 2349819 | 19 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |