Well, it doesn't seem to be a shorter. No shorts left in ARQ after Friday:-
http://www.asx.com.au/data/shortsell.txt
As sushi was pointing out for the first half of the year, the selling pressure was coming from lively shorting activity. Now, there's none left. [Some of them must have taken second-degree burns from $1.30 up.]
Therefore, it's logical that someone taking profits, not trying to suppress. If volume keeps running at 5m per day, they will have to be out before long.
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14.0¢

where do they come from ... , page-4
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $41.69M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 14.0¢ | $16.04K | 111.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 250252 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 145574 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 250252 | 0.140 |
5 | 105074 | 0.125 |
8 | 106536 | 0.120 |
1 | 4347 | 0.115 |
1 | 9090 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 145574 | 9 |
0.155 | 89280 | 4 |
0.160 | 356621 | 8 |
0.165 | 319890 | 3 |
0.170 | 3552 | 1 |
Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
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5GN (ASX) Chart |