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
- Forums
- ASX - By Stock
- STO
- What happened at close?
What happened at close?, page-32
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.23 |
Change
0.040(0.56%) |
Mkt cap ! $23.48B |
Open | High | Low | Value | Volume |
$7.25 | $7.28 | $7.20 | $45.98M | 6.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 10011 | $7.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.23 | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6925 | 7.220 |
1 | 10000 | 7.210 |
11 | 26784 | 7.200 |
4 | 7565 | 7.190 |
1 | 500 | 7.180 |
Price($) | Vol. | No. |
---|---|---|
7.260 | 2843 | 1 |
7.270 | 4834 | 3 |
7.280 | 16369 | 5 |
7.290 | 2000 | 1 |
7.300 | 78329 | 9 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
STO (ASX) Chart |