davo, not so strange. A lot of short selling going on immediately following FY and HY announcements, even when results are fairly good. We'll see what Wed's short sales were, but I suspect they were above 400k, which was the short sales volume on Tues.
OFX had short sellers buzzing around in past financial reportings, so they may be back out of habit.
As HSP nicely reported, broker research has been positive on the results. But the limp dividend increase may have prompted short sellers to go into action.
All metrics were good, page-6
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Last
$2.32 |
Change
0.060(2.65%) |
Mkt cap ! $556.7M | |||
| Open | High | Low | Value | Volume |
| $2.26 | $2.35 | $2.26 | $1.265M | 546.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10112 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 2252 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| OFX (ASX) Chart |