the only way that scenario would play out is if they had been pre warned no news was forthcoming, even so, shorting a stock after a 50% retrace is lunacy by any standards, I think there is lot more to the story than has been told. Deep pockets may be at work here, eg an institutional support trying to build a decent stake at a low entry.
General comments/chat, page-20448
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $62.20M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.9¢ | $49.00K | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2617961 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 20738 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ADN (ASX) Chart |