Seriously if you already believe shorters are the cause then why are you so concerned ? fundamentals are the same. There are shorters but there are also buyers. Take a look at the volume today.
As you said, people realised the potential with A2M after the ann. If you truely believe so then why worry ? It will go up eventually.
It was going up nonstop from 1.1 to 2.3. Don't you ever think it should just stop at some point ? If you ask all the long term holders here like @tigath or @LightForce , they can all confirm that -12% in day after a surge has happened before. Just relax
Wednesday Trading, page-249
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Last
$5.40 |
Change
-0.060(1.10%) |
Mkt cap ! $3.909B | |||
| Open | High | Low | Value | Volume |
| $5.45 | $5.45 | $5.32 | $21.75M | 4.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186 | $5.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.41 | 17905 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |