I think it is a shake out to trigger automatic stop-losses.
Very low short positions at .28% so it isn't that. http://www.shortman.com.au/stock?q=s32
A broader theme is an anticipated fall in commodity prices, but no evidence of this. Maybe traders just got bored after that good run.
I could be wrong. I often am.
Ash
S32 Short Term Trading, page-4
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 (20min delay)
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Last
$3.70 |
Change
-0.030(0.80%) |
Mkt cap ! $16.75B | |||
| Open | High | Low | Value | Volume |
| $3.69 | $3.80 | $3.68 | $83.25M | 22.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 141119 | $3.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.74 | 12390 | 4 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| S32 (ASX) Chart |