Looks like buyers are coming back and price seems to have stabilized at $7700/ton - equaling roughly A$ 10.85 which is only 5.25% below FY15 average price, so hopefully the shorters will be squeezed out soon, and the share price will get back to a more fundamental value of $8-9.
Jan 2016 position report released, page-2
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Last
$3.54 |
Change
-0.050(1.39%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.61 | $3.49 | $519.6K | 147.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 435 | $3.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.55 | 774 | 1 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| SHV (ASX) Chart |