STO closest to the pin, page-5

  1. 39 Posts.
    The only one whose had long enough to assess the right entry price is Hony. They and the shorters will dictate the sp. Hony have another two percent to buy on the open market (32m) within 3 mths and their total 10% cannot be sold within 12 mths. They will have a plan of attack. If they can get the price to hold then then shorters will need to cover their positions and then this will hold and move the price up. The big hole is that buying on Thursday does not give you entitlement rights so the only price support comes from short cover, takeover players and fundamentalists approving of the revised balance sheet position. Hony and Inv bankers with 10% vs the shorters..
 
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(20min delay)
Last
$7.70
Change
0.040(0.52%)
Mkt cap ! $25.04B
Open High Low Value Volume
$7.70 $7.75 $7.67 $14.27M 1.851M

Buyers (Bids)

No. Vol. Price($)
30 35661 $7.70
 

Sellers (Offers)

Price($) Vol. No.
$7.71 55952 46
View Market Depth
Last trade - 12.00pm 14/07/2025 (20 minute delay) ?
STO (ASX) Chart
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