Saw an article from AFR, over 90% insto has subscribed to the entitlement offers.
My guess is, short covering to start with (Insto will push up the price) at the open, then settle over the day at around current price.
STO closest to the pin, page-61
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Last
$7.99 |
Change
0.160(2.04%) |
Mkt cap ! $25.94B | |||
| Open | High | Low | Value | Volume |
| $7.86 | $7.99 | $7.84 | $46.97M | 5.897M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7542 | $7.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.00 | 69021 | 29 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |