Yeh if you look at the retail psychology I dont' mind throwing more money at the stock at 22.5c but at 28c I wouldn't' throw anymore at the stock and that's why a short squeeze won't really work because if I have that view then many thousands of retail investors would probably have a similar view (even wot was selling at this level) and the buying just stops with the firepower then of the short crew that can easily move it back down.
Basically they will need a new ED find of more gas for a rerate to probably occur and form a new higher base
Time for a new trend., page-50
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $501.0K | 2.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 2046366 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 318000 | 5 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |