hi Jeff
Yeah I was surprised also about the large volume of shorts, however you could be correct and I just do not understand the figures correctly listed here
https://www.shortman.com.au/stock?q=ajm
I think shortman only covers the ASX, the overall volume traded that day was higher if you include CHI-X
I am not sure why such a large number are listed as shorted on Thursday, I mean there was no bad news, real selloff or big drop so they would be struggling to hold AJM in check IMO.
I see a pressure play going on here with the mining date approaching fast and shorters attempting to assist there mates to get enough stock, look at that large seller of around 1 million shares who moves up and down depending on the price, he flushes people out IMO.
I cannot see the share price being 40 cents in June when SPOD is being shipped and yearly income figures over 100 Million dollars, I am holding solid. Crikey think about the thousands of companies on the ASX that make zero income for decades and people are still holding them, personally I disposed of many at a loss and just took the dive into AJM some time ago now.
Another Lithium company I have equal number of holdings as I do in AJM recently went from 8 cents before going to 18 cents and I am holding solid there and laughing about it now .
GLTA and please DYOR as the above are just my unprofessional opinions.
AJM Chart, page-2319
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Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $8.086M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.9¢ | $1.638K | 55.54K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 362314 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 603725 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 362314 | 0.029 |
5 | 478279 | 0.028 |
1 | 61938 | 0.027 |
1 | 37074 | 0.026 |
4 | 165000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 603725 | 2 |
0.031 | 374484 | 6 |
0.032 | 92168 | 2 |
0.033 | 378549 | 3 |
0.035 | 200000 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
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