I have a strong inkling they're unable to cover their positions profitably.
what started out as simply making money has become a bit of a hole for them.
hence the stepped up attacks
BTW! Van eck global only had 1.8m shares left over based on the July top 20 shareholders.
so yesterday was more than likely not van eck dumping, it was a concerted attack to avoid a rally on production news.
ASM Chart Thread, page-8247
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Last
58.5¢ |
Change
0.035(6.36%) |
Mkt cap ! $106.0M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 59.5¢ | 55.5¢ | $169.5K | 294.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 90516 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 8625 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ASM (ASX) Chart |