Kinda agree. It looks like Regal bought in with ML’s money in the 6s intentionally or not nobody knew. But it appears very likely ML is behind Regal’s dump throwing everything to short and leave that’s for sure. Whether ML made that much overall money in their trades over the last month is doubtful as ML lost quite a bit in Regal’s sell . Last week has seen quite a bit of shorting positions increasing on NXL and if you compare to ML’s announcement , it looks likely majority of shorting positions raised since 16/03 were ML’s. Their complete exit at current level may signal shorting has bottomed. I don’t think further shorting position will be opened at a large scale without someone jacking the SP back up quite a bit. ML took the opportunity and everybody big boys included is now under water again. It looks a bottom for the next 2-4weeks. If positive news flows in then would be the real mid-term bottom and a steady climb will go from here me thinks.
- Forums
- ASX - By Stock
- NXL
- Ann: Ceasing to be a substantial holder
Ann: Ceasing to be a substantial holder, page-27
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.60 |
Change
-0.210(3.08%) |
Mkt cap ! $2.168B |
Open | High | Low | Value | Volume |
$6.55 | $6.73 | $6.53 | $6.262M | 949.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1906 | $6.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.63 | 6143 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3056 | 6.530 |
2 | 20668 | 6.520 |
2 | 203 | 6.500 |
1 | 5000 | 6.490 |
1 | 650 | 6.480 |
Price($) | Vol. | No. |
---|---|---|
6.640 | 1500 | 1 |
6.670 | 900 | 1 |
6.680 | 3077 | 1 |
6.700 | 1275 | 2 |
6.720 | 797 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
NXL (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online