Another interesting observation is that MFUG became a substantial holder on Friday 14/8/20, the SP was $3.29. On Monday 17/8/20 shorts jumped from 1.71% to close at 3.39% on Friday 21/8/20 and have risen ever since to be 6.53% on 31/12/20. @pureau gave an insight into the reputation of MFUG in their 'Becoming a substantial holder' notice thread. The ASX reported 614,730 shorts on 6/1/21 or 20.8% for the day indicating the shorts are in control and still have some way to cover.
Make of the above what you will but I will continue to follow this thread and see if I can find an entry point.
share price copping a hammering, page-33
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Last
79.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $298.2M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 82.5¢ | 79.5¢ | $1.349M | 1.674M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45064 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 14478 | 2 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| EML (ASX) Chart |