CUV 1.37% $14.79 clinuvel pharmaceuticals limited

Ann: CLINUVEL initiates on market share buy-back program, page-20

  1. 1,254 Posts.
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    I suspect shorts will not be happy about this, after all CUV said there will be no buy back, and CUV was recently voted as one of 2 companies best to short
    this was at some anaylst convention, mostly they highlighted best companies to buy, but 2 were listed as "best to short"

    Issue for shorts now is that it is at a 5 year low, or was this morning, and they recently increased shorting to almost 5%.

    Now who would be selling their shares at this low level, knowing that a BB is to start later this month, so I suspect alot of
    trading today is mostley fake shares, still trying to trigger stop losses etc, but really I dont know how they get out of this without increasing
    the sp.

    I tried to buy this morning, and each time the sp just bumps up, will wait tomorrow, suspect a pull back.

    Interesting to watch over next 2 weeks.
 
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Last
$14.79
Change
0.200(1.37%)
Mkt cap ! $739.1M
Open High Low Value Volume
$14.76 $14.96 $14.46 $822.3K 55.91K

Buyers (Bids)

No. Vol. Price($)
2 195 $14.78
 

Sellers (Offers)

Price($) Vol. No.
$14.80 148 6
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Last trade - 14.06pm 31/07/2024 (20 minute delay) ?
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