Would suggest the biggest issue is that the volume in ADN has dried up completely - 3 days last week only ~2mn shares. Not what you want to see as a short seller as you are now very reliant on whatever your thesis is playing out to the letter. As I have consistently noted, the risk/return for a short in this stock at these prices is not good, unless there is a big market correction (and better ways to play that). You saw yesterday, better (not great) volume but +2c move.
General comments/chat, page-27728
-
- There are more pages in this discussion • 16,213 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $59.58K | 3.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 18607067 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 7568607 | 10 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |