Your hypothesis is that someone got frustrated on the -20% drop, AND THEN decided, after the stock had already cratered from 2.20 to 1.45, to short the stock? Out of spite?
My god that would be outrageous. Emotion trading at its worst. I wouldn't put it past either of these yahoos though.
I mean it may go back to 1.25, but 1.35 isnt an unreasonable floor. Man that is a risky bet.
Accumulation or exposed short, page-3
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Last
59.0¢ |
Change
-0.030(4.84%) |
Mkt cap ! $224.0M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 63.0¢ | 58.0¢ | $807.3K | 1.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11139 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 12250 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| TLG (ASX) Chart |