I think that the entities that are doing the short sells also manipulate the market by trading shares which they have accumulated and hold. Another poster noted that international funds have increased their holdings over the last twelve months. I hope this is not at a cost to smaller holders. These funds mask their nefarious activities through high frequency bot trading and possible dodgy reporting of short trades. I have total confidence that ASIC ensures all these entities accurately report their short sell totals and do not engage in behaviour to the detriment of smaller holders.
Unfortunately we are at the mercy of these behemoths that trade in the millions of shares. Eventually ASM will start producing metals, making money and that is when some one will come along that wants these shares and that is when there will be a scramble by the short sellers to cover. We need to stay firm and ride the roller coaster.
As has been previously reported these funds employ psychologists to design trading programs to manipulate the emotions of retail holders to influence their trading. At this time I believe they are trying to manipulate retail holders, that is you and me, to sell before ASM commences mining at Dubbo and metal production in Korea. We have already seen posters on these sites questioning the viability of Dubbo, of the funding for Dubbo and also of the KMP priority technology. To me all actions that make me more determined to hold. I have great confidence in this company and I will be buying more on the dip following our long overdue positive announcements.
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Last
61.0¢ |
Change
-0.075(11.0%) |
Mkt cap ! $110.4M |
Open | High | Low | Value | Volume |
69.5¢ | 69.5¢ | 60.5¢ | $558.3K | 888.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 42245 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.5¢ | 9026 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 923 | 0.650 |
1 | 843 | 0.640 |
1 | 1009 | 0.635 |
1 | 10000 | 0.630 |
1 | 10000 | 0.620 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 900 | 1 |
0.620 | 14026 | 2 |
0.625 | 5046 | 2 |
0.630 | 7000 | 2 |
0.635 | 10000 | 1 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
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