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General Discussions, page-25206

  1. 450 Posts.
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    Hi @kinser sadly short selling is part of life on the market.

    Yesterday many holders were posting here blaming short sellers for the price decline but I question that

    Yes short sellers want the price to go down but the 3million+ shorted yesterday make up only 16% of the daily volume therefore 84% of the daily volume are holders choosing to sell their shares and in some cases apparently scrambling to sell which plays into the shorters hand.

    Interesting times.

    As a comparison Pilbara Minerals had nearly 25% of their daily volume yesterday marked as short sold.

    As far as shorting goes RNU is not that heaviy impacted compared to other companies.

    https://hotcopper.com.au/data/attachments/5581/5581927-c674c8f97e8f6bcce9b83fd43a49057b.jpg

    The volume of shares traded at these low prices is of concern.

    The sharemarket may not be the place for some, I say that respecting every holders rules or reasons for selling and buying.

    GLTAH DYOR
    Last edited by foxy43: 14/09/23
 
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Mkt cap ! $238.9M
Open High Low Value Volume
9.3¢ 9.6¢ 9.1¢ $415.5K 4.413M

Buyers (Bids)

No. Vol. Price($)
2 1525 9.9¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 89849 2
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