I think the underwriter dumped and shorted the share as they can buy back at offer price for those retail investors not taking up the right. Except they may risk Hony and other potential predator jumped in on it cheap!
STO is oversold today, imo, page-162
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 (20min delay)
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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
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |