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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Last
$6.92 |
Change
-0.100(1.42%) |
Mkt cap ! $22.47B |
Open | High | Low | Value | Volume |
$7.01 | $7.02 | $6.89 | $38.98M | 5.618M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 40697 | $6.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.92 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 39804 | 6.910 |
2 | 6312 | 6.900 |
7 | 14633 | 6.890 |
19 | 98748 | 6.880 |
9 | 99081 | 6.870 |
Price($) | Vol. | No. |
---|---|---|
6.920 | 1000 | 1 |
6.930 | 2768 | 1 |
6.940 | 44004 | 3 |
6.950 | 40776 | 1 |
6.960 | 46057 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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STO (ASX) Chart |