I'm sorry but there is ZERO logic in why a stock is shorted to such an extent as CXO is now. WEB was the most sorted stock through 2021, for no reason other than the shorters jumped on the bandwagon. Sure, there was sentiment against travel stocks, but that should have reflected in all similar stocks, but this was simply not the case. Shorting is a sport. The hounds smell a fox and they go on the hunt until eventually they turn their hounds onto another victim. It's manipulation. If you want to call it systemic corruption you'd get no argument from me.
Banter and general comments, page-27384
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.0¢ | $3.280M | 27.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 3951141 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1216688 | 6 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |