When you see Westpac and ANZ Nominess as major shareholders in STB you have to ask yourelf who knows what.
I really belive someone is accumilating and causing holders to flee. Holders had their cance to exit at close but did not, instead they shuffled about at safe limits to make up numbers...
At pre-open 9:33AM we have 2.7m "selling" and 1.24 buying. We will surely see off screen selling to get the legit holders to bail and buyers will hold off waiting for discounted prices.
Looking very much like the MDX play last week.
STB Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held