Hopefully this will highlight why short sellers, especially so many of them, are almost always right because they have better insights and do their homework on a stock. The management can keep claiming that they didn't see this coming but the fact is the short sellers saw it years ago and positioned themselves accordingly.
No point fighting the market, better to learn to read what it's telling you and act accordingly.
Having said that, I think the bottom is somewhere here or very close. Some shorters will be covering today.
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Last
22.5¢ |
Change
-0.020(8.16%) |
Mkt cap ! $232.8M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 22.5¢ | $2.259M | 9.657M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 240034 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 212500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 240034 | 0.225 |
22 | 836603 | 0.220 |
17 | 709362 | 0.215 |
18 | 258942 | 0.210 |
9 | 277351 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 212500 | 3 |
0.240 | 120700 | 3 |
0.245 | 20000 | 1 |
0.250 | 225702 | 5 |
0.255 | 69816 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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