Parleycross,
When you wrote:
"ORG is flying today but STO has barely moved."
1. The share price was $4.06 representing an increase of 1.2% - not bad for a co'y in midst of finalising a massive cap raise!
2. I am sure you realised we were already discussing the point you made and just provided some explanations to superpanda's question:
" I am still not getting why origin shares price has increased a lot more than santos. Santos has glng up and running. "
Some responses included:
"STO is still in the middle of concluding a significant cap raise....... (yes...imho) ....
The retail short fall book-build will be concluded on Thurs (from memory) so we will see whether that is indeed the case in a short few days time." and,
"STO still being shorted by subunderwriters & bookbuilding participants on the expected retail shortfall. A real anomaly in the Oz market."
You seem fairly educated in financial markets. With that in mind, I am not sure why you seem so surprised that a company in the middle (or nearing end) of a major cap raise isn't performing as well as a peer who is not?
I note your sentiment states: sell, and disclosure: not held; but can I confirm whether you are "short" the stock?
8's
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Last
$6.72 |
Change
0.030(0.45%) |
Mkt cap ! $21.82B |
Open | High | Low | Value | Volume |
$6.74 | $6.77 | $6.72 | $43.42M | 6.449M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 55681 | $6.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.73 | 10465 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 14572 | 6.700 |
3 | 4164 | 6.690 |
3 | 12373 | 6.680 |
6 | 31659 | 6.670 |
14 | 63887 | 6.660 |
Price($) | Vol. | No. |
---|---|---|
6.750 | 3177 | 1 |
6.770 | 69052 | 2 |
6.780 | 1000 | 1 |
6.790 | 12350 | 2 |
6.800 | 18922 | 11 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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