100% they will be covering their positions. They are well-in-the-money so will probably look to lock in some profits. They were given a golden opportunity to cover their short positions with the block trade of 96m shares done at a discount to market price. They are now simply squeezing the juice out of the lemon by selling below the $1.26 level and trigger some more panic selling. Then, they will close out these short term positions by COB whilst there is blood on the street.
I can already hear the corks popping on the bottles of Moet......
- Forums
- ASX - By Stock
- LTR
- ASX Today
ASX Today, page-36121
-
- There are more pages in this discussion • 8,484 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
77.3¢ |
Change
0.048(6.55%) |
Mkt cap ! $1.843B |
Open | High | Low | Value | Volume |
76.5¢ | 77.8¢ | 74.5¢ | $6.046M | 7.927M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 185048 | 77.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.5¢ | 709 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 229800 | 0.765 |
19 | 492019 | 0.760 |
16 | 250913 | 0.755 |
19 | 765870 | 0.750 |
6 | 187432 | 0.745 |
Price($) | Vol. | No. |
---|---|---|
0.770 | 87378 | 13 |
0.775 | 292513 | 19 |
0.780 | 592515 | 24 |
0.785 | 164749 | 9 |
0.790 | 229220 | 17 |
Last trade - 11.32am 27/09/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |