There could definitely be some correlation here and if you think about it, shorting only started to increase not long after Van Eck was done with the buying. We had a quick spike in short positions from 24Aug to 31st Aug followed by a one day quick drop and then a steady increase ever since.
Could Van Eck be the culprit contributor to supply the shorts? In a way, I hope that is the case because if it is, then the supply might be just running out.
ASM Chart Thread, page-4488
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Last
57.0¢ |
Change
0.025(4.59%) |
Mkt cap ! $103.3M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 59.0¢ | 55.0¢ | $127.7K | 221.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31560 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 979 | 1 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |