The approx 20% short level has been in this stock ever since it reached it $6 peak. Shorter's are not new in this stock. But no doubt back at $6 that valuation was unrealistic, but on reading @maplelegion 's post it is pretty apparent that a $1.20 is unrealistic as well and I suggest it is they who still see more downside in this stock and might this be why we see continued SP weakness. Their view on the future of this company different to mine and I hope they are very wrong.
redgum
So a little bit of history, page-9
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $294.9M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 27.5¢ | $733.1K | 2.586M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29998 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 212582 | 6 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |