The way I see it, it takes one positive news to set the explosion of SP, on the 19th 20th and 23rd, 3 days combined there were over 10 millions shares shorted a2m, and on average the shorted price was around 1.45-1.5, remember the day when it went as low as 1.28 and quickly bounced back to 1.51? I believe that was some quick short cover for profit taking, IMO the amount of shorted stock is stacked against the shorter, once the stock starts to recover and crack the 1.5 barrier you'll see a huge amount of shorted stocks rushing thru the door to cover and skyrocket the SP, so if there's anyone that should be worried, is not the holder, it's the shorter. of course that's only my opinion
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Last
$7.83 |
Change
-0.120(1.51%) |
Mkt cap ! $5.669B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $8.02 | $7.77 | $13.40M | 1.707M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7033 | $7.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.83 | 8457 | 3 |
View Market Depth
| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| A2M (ASX) Chart |