Ausheds
Buying at 75c and then shorting the stock to 48c is not a strategy that occured to me. Why buy at 75c then sell at a lower price.
There will be a reckoning for the shorts. Of course some have already covered. They would have profited and appear to have moved on to their next victim. Thats why I think the low selling volume is significant. Its not just today either.
There has just been no buying support to force a decision to be made.
Maybe this shoting game is done at this price.
short squeeze underway ?, page-10
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Last
$7.00 |
Change
0.080(1.16%) |
Mkt cap ! $6.486B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $7.05 | $6.90 | $5.221M | 748.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 5861 | $6.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.00 | 5046 | 28 |
View Market Depth
| Last trade - 12.58pm 03/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |