Tough for the shorts who put in millions of dollars in the last few days to short this stock when it was around 5.43-5.60. Now, they will have to put in many more millions of dollars daily to continue to game knowing the risk of a short squeeze. The sharp spike to 6.99 today is a prelude to what will come later and it won't be 6.99 but probably 8.99 months down the track. At some point some funds out there know this stock is cheap and that's when the buyers arrive in droves.
Looking for the bottom, page-46
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Last
$5.10 |
Change
-0.125(2.39%) |
Mkt cap ! $3.869B | |||
| Open | High | Low | Value | Volume |
| $5.16 | $5.17 | $5.04 | $8.948M | 1.758M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 6251 | $5.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.10 | 30924 | 54 |
View Market Depth
| Last trade - 15.12pm 08/08/2024 (20 minute delay) ? |
| IGO (ASX) Chart |