Either there is a seemingly overarching effort to suppress the...

Either there is a seemingly overarching effort to suppress the price low enough and long enough to induce total capitulation by STX retail holders, or it's the continuation of the short selling leading up to the ASX200 exit. If it is the latter, then there is 3 more weeks till the exit is confirmed, and 5 more weeks till the exit becomes effective (Friday 20th Sept close of market when we should see some enormous block trades crossing our screens).

Someone pointed this out recently (can't remember who but it's a valid scenario)... Imagine if Hancock approaches the 3 index funds to buy out their STX positions of close to 15% (at say 18c) which in combination with its alleged 4.99%, could bring its net holding to 19.9% as a prelude to launching a bid at say 30c. Even if the bid fails as expected, Hancock will make a small fortune as the combination of her buying the index funds stakes and her bid will result in one very large short squeeze. Assuming the shorters will have to cover up to the 30c bid price, Hancock can make c.70mn.

As I have said all along, for those who believe in the underlying narrative and value of the equity, these are opportunities. Share price is temporary whereas value is far more permanent

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