I can't seem to find a thread for charts on ST1, so I wonder if it's worth starting one.
The first thing that stands out is that ST1 has almost doubled in value over the last quarter. At the beginning of the quarter - early April - news emerged of the acquisition approach from Uniti Wireless (UWL).
That marked a kind of turning point in ST1's history. Since that rejection of UWL's approach, two new acquisitions have been made, and five new levels of support have been created:
Last week's prices approached a 12-month high, and in good news for existing holders, monthly trading volumes are higher than the monthly volumes (at similar prices) last year:
Arguably ST1 is a stronger and better known company than the previous time it flirted with $0.25 (back in 2018).
Adding some moving averages to the weekly chart, the 30-day average (shown below in yellow) is now starting to rise above the 200-day moving average (shown in blue). This golden cross may be a good sign - if it can be sustained:
That leads to the next question - can ST1 keep growing? Once the annual report is in, will it have delivered a good return on investment for the 2018-19 financial year?
After all, it is up against the National Broadband Network. As reported by the Australian Financial Review, Philip Knox, the Chief Financial Officer of NBN Co, recently said:
"We [NBN Co] remain very confident in our financial forecasts and strength of our business and ability to deliver a modest commercial return of 3.2 per cent to the Commonwealth government."
- Forums
- ASX - By Stock
- ST1
- ST1 chart
ST1 chart
-
- There are more pages in this discussion • 216 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 ST1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.5¢ |
Change
-0.004(8.16%) |
Mkt cap ! $61.49M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.5¢ | $49.93K | 1.057M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 47600 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 47600 | 0.040 |
1 | 7500 | 0.036 |
1 | 10000 | 0.035 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 150000 | 1 |
0.050 | 28211 | 1 |
0.051 | 196078 | 1 |
0.052 | 200000 | 1 |
0.055 | 56051 | 3 |
Last trade - 15.54pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
4.3¢ |
  |
Change
-0.004 ( 12.2 %) |
|||
Open | High | Low | Volume | ||
4.8¢ | 4.8¢ | 4.3¢ | 311131 | ||
Last updated 15.58pm 02/05/2024 ? |
Featured News
ST1 (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online