WEC short position reduced almost 2/3 from last Friday to last Thursday as reported by ASIC.
Date Short position
8/12/2011 9,105,941
9/12/2011 3,550,304
Went through yesterday's trading activities, only very few shares traded under 38.5c. Surprisely huge buys keep coming through, 35c might be the bottom.
WEC sp plummeted 90% over last 14 months.
I updated my sentiment from hold to buy.
http://www.asic.gov.au/ShortSell/ShortSellReports.nsf/vwPublishedDailyPDFByKey/PDF~DAILY~20111208/$file/Daily+Short+Positions_en-au.pdf?OpenElement&uniqueValue=8PJGWF
http://www.asic.gov.au/asic/asic.nsf/byheadline/Short+position+reports+table?openDocument
why unloved, page-4
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Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.556M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42076 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 69544 | 1 |
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| Last trade - 10.09am 18/07/2024 (20 minute delay) ? |
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