not sure i fully buy the kinetic collapse, for starters theres no chance a position that large gets unwound on market, administrators would organise a block trade, especially when trying to recoup losses. also theres still nothing official to back up their closure. also note the massive short decline prior to spp placement and then steep increase in the preceeding days. more likely that administrators are still holding the position trying to strike a deal.
TLG Chart, page-3242
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Last
49.5¢ |
Change
-0.025(4.81%) |
Mkt cap ! $218.7M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.0¢ | 49.0¢ | $218.9K | 433.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5798 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 1846 | 8 |
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| Last trade - 12.03pm 11/11/2024 (20 minute delay) ? |
| TLG (ASX) Chart |