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3.19%

24.3¢ strike energy limited

This is the current reporting (a guide and nothing...

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papasmurf61

1,522 Posts.

338

19/04/23

06:22

Post #: 67344204
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Originally posted by Spockie: ↑

Hi there Papasmurf61 - so do you have any idea how many shorts you estimate are still out there now, as its now a few days later than your last post? Trying to understand this - and feel free to shoot me down with my comments as this sort of stuff is not my strong point. To my way of thinking to replace 68M shorts, then the entity that sold them would (if on an average day of STX trades of around 6M shares) they would have to buy roughly 11 days of all the shares available for sale. That just seems such a huge task for a low volume trading stock like STX. Would that be the case? Also, every time the shares go up one cent would they then they have an accumulating cost obligation of $680,000 to settle on 68M shorts? Would they usually have to return the short-sold shares by a set date via a contract arrangement?

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This is the current reporting (a guide and nothing more).

https://stocktrack.com.au/shorts/

Now as at close on 11/4 it was 0.47.

Last edited by papasmurf61: 19/04/23

STX Price at posting: 46.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 24.3¢		Change 0.008(3.19%)		Mkt cap ! $694.0M

Open	High	Low	Value	Volume
24.0¢	24.5¢	23.5¢	$513.4K	2.122M

Buyers (Bids)

No.	Vol.	Price($)
44	1406629	24.0¢

Sellers (Offers)

Price($)	Vol.	No.
24.5¢	2363788	46

View Market Depth

No.	Vol.	Price($)
43	1398119	0.240
23	1490412	0.235
25	1461470	0.230
18	634251	0.225
19	404300	0.220

Price($)	Vol.	No.
0.245	2363788	46
0.250	3372022	34
0.255	414894	16
0.260	1144308	24
0.265	402375	10

Last trade - 12.37pm 14/05/2024 (20 minute delay)


Last 24.0¢			Change 0.008 ( 1.82 %)
Open	High		Low	Volume
23.5¢	24.5¢		23.5¢	1057340
Last updated 12.54pm 14/05/2024 ?

STX (ASX) Chart