I have been hedging my position on the SPP for awhile now, but closed it yesterday when the S.P tanked to 6.85. I tried to re-open a short but by CFD trader put restrictions, which I suspect is a lack of stock to borrow.
Not sure what this means, whether they will keep the price up as they close their short positions on friday or whether it is an indication for a sharp fall?
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Last
$7.58 |
Change
0.030(0.40%) |
Mkt cap ! $1.681B | |||
| Open | High | Low | Value | Volume |
| $7.59 | $7.60 | $7.55 | $1.499M | 198.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 3036 | $7.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.59 | 4600 | 16 |
View Market Depth
| Last trade - 12.23pm 07/08/2025 (20 minute delay) ? |
| GNC (ASX) Chart |