Not a personal attack hoots. I agree with what you are saying, their guidelines means they have to be diversified and lock in profits on the way up regardless of whatever stock it is or how bright it's future is looking. Diversification protects them from losses but at the same time it reduces their exposure to runaway stocks like A2 when it can only be a certain portion of their portfolio and locking in profits on the way up only to buy back in higher price points reduces their profits even further.
Covering/reducing shorts now is the smart thing to do as who in their right mind would think waiting for next month's news would be conductive to a lower SP than today price.
Chart update, page-7941
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Last
$6.14 |
Change
-0.220(3.46%) |
Mkt cap ! $4.445B |
Open | High | Low | Value | Volume |
$6.30 | $6.33 | $6.12 | $14.77M | 2.391M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17044 | $6.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.17 | 3624 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 17044 | 6.120 |
4 | 9368 | 6.110 |
8 | 15608 | 6.100 |
4 | 36371 | 6.090 |
5 | 25996 | 6.080 |
Price($) | Vol. | No. |
---|---|---|
6.170 | 3624 | 2 |
6.180 | 6930 | 1 |
6.190 | 7911 | 2 |
6.200 | 7430 | 2 |
6.220 | 6930 | 1 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
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