I think you jumped the gun there mate. It was always going to spike and pull back a bit so you shoulda waited for the inevitable lunch time lull. IMHO there has been a shift in the wind though as I expect the TOL was a large consideration on behalf of 'shorters'. With 1.3 million shorts yesterday and only 150k trades today I think there has been a shift in the wind and there'll be a fair few shorters looking to close their positions which should hopefully bolster the share price a bit in the coming few weeks.
foster stockbroking comment today on tol, page-7
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Last
$6.17 |
Change
0.010(0.16%) |
Mkt cap ! $5.767B | |||
| Open | High | Low | Value | Volume |
| $6.18 | $6.22 | $6.14 | $10.91M | 1.767M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12550 | $6.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.18 | 124 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |