95c at the end of March
Post book build (June) = 38c.
Everyone scratching their head wondering whether anything has changed fundamentally with the company.
The answer lies with the institutions that were approached for this financing. They must have bombarded the stock today with short sales to get their book build price of 40c.
Does it ever get more obvious than this?
short selling, page-2
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $188.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 22.5¢ | $761.4K | 3.313M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 605220 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 766902 | 5 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |