The shorts are eroding your capital.
They are simply rinse and repeating their strategy. Buy $1.60s to $1.80s and close shorts around $1.20s to $1.30s. Easy profit.
Next time they might drive this below $1.
So easy to watch panic selling when management has no positive news. I can't imagine many deals occurring behind closed doors.
If the SP hit $2, I would have been silent all day. Now I am full of life.
Keep cash, it is the safest bet in these turbulent times. Even if this hits $1.50, I'd sell. $1.30 is not far away in this climate (simply buy back and keep some capital).
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Last
$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B |
Open | High | Low | Value | Volume |
$1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5300 | $1.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 86880 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 1.690 |
1 | 29495 | 1.685 |
10 | 46004 | 1.680 |
3 | 21357 | 1.675 |
7 | 81665 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 50000 | 2 |
1.705 | 72000 | 2 |
1.710 | 69500 | 4 |
1.715 | 1400 | 1 |
1.720 | 22142 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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ZIP (ASX) Chart |