Well nice rally in oil overnight, so that should see some relief for STO holders today.
Its only a matter of time before the management come out with some form of asset sale to reduce debt.
Having been short on many occasions this one thing I was very wary of as I could see the SP spike with a massive short covering rally on any such news.
I had a an extreme low target of $3.50 but now we are close to some form of announcement I can't see that happening & I would suggest we saw the lows a few weeks back.
GLTAH
Well nice rally in oil overnight, so that should see some relief...
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Last
$7.51 |
Change
-0.160(2.09%) |
Mkt cap ! $24.39B | |||
| Open | High | Low | Value | Volume |
| $7.61 | $7.63 | $7.51 | $41.29M | 5.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 87359 | $7.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.52 | 47894 | 6 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$7.52 |
Change
-0.160 ( 2.15 %) |
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| Open | High | Low | Volume | ||
| $7.61 | $7.63 | $7.51 | 849704 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| STO (ASX) Chart |