I suspect that the ASX will have a look at the disclosure (or lack thereof) by STX over the past 23 days. They have warnings when prices move on days around announcements and a 9.33% drop on a quarterly announcement is a big movement for a $100m company.
I note a couple of posters a week or two ago were saying a big event had happened at JAWS recently so there seems to be a leaky ship. The shareprice has dropped from roughly 9 cents to 7.2 cents before this morning, has someone known about the issue and sold down before today?
If you feel strongly enough about it you can complain to [email protected]
I still have enough STX shares to be annoyed by this and nothing annoys me more than a lack of disclosure by an aspiring mid cap.
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