Smill,
The insto's run out of sellers as they squeezed it to the 2.60ish mark....
The good sign to me is the want the stock so the only way to get the next tranche is to fry the shorters for their stock....
4 million volume in 2 days.....there were loads short so what next...more shorters out OR they actually start the on market process of buying at these levels and push her back higher pre drill..
All of this , of course depends on what volume of stock the rorters are after...
Let's hope it is truckloads and they run her savagely all the way back to 6+ as the drill gets going!
my take on kar chart, page-122
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Last
$1.92 |
Change
0.090(4.92%) |
Mkt cap ! $1.539B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.92 | $1.85 | $18.66M | 9.832M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11055 | $1.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 144289 | 16 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |