By my count 17.7% of the MIN's shares have turned over since the $13.54 close on 15 Feb.
Given the one way direction, that seems a awful lot for there to have been only one change in substantial holding notice, and that from an entity who from that point on could only be selling down 5%..
The relentlessness of it makes It look like very high conviction selling.
The short interest hasn't budged from about 0.7%.
It must be time for a speeding ticket.
Is it just down to the risk to the downside in the iron ore price?
WTF is going on?
cheers
Has this horse been nobbled?
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Last
$53.82 |
Change
-0.460(0.85%) |
Mkt cap ! $10.59B | |||
| Open | High | Low | Value | Volume |
| $55.34 | $55.34 | $53.34 | $47.07M | 868.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $53.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $53.99 | 899 | 2 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| MIN (ASX) Chart |