Challenger have been accumulating in March and April including a big lump of 1,172,214 shares on the 15th April after shorts had increased and SP went under $6. CGF bought over 3.7 million shares in total for their clients. That's 1.06% of the shares.
The following 3 trading days shorts were reported as ~80%,~80% and ~60% of the trading volume. NXT is at #3 on the short top 100 as of the 17th.
The SP went up about 20c after the big buy from CGF but has also risen another 30c after that.
I think I missed my opportunity just before Easter as my attention was elsewhere.Probably still worth a top up.
If the holders can avoid selling under the short pressure before the next positive announcement then the SP may get a big kick IMHO.
Gltah
NextDC Rated New Buy at Goldman Sachs; PT A$8, page-67
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Last
$17.52 |
Change
0.140(0.81%) |
Mkt cap ! $10.52B | |||
| Open | High | Low | Value | Volume |
| $17.51 | $17.66 | $17.47 | $28.33M | 1.615M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 25961 | $17.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.62 | 570 | 1 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| NXT (ASX) Chart |