Because it is a tightly held stock (and for reason) shorters cause more damage and the muppets who lend out the stock should be dealt with.
If the stock volume traded on a daily basis was in the millions we would hardly see an effect.
It reminds me of a past test match where the highest contributor to the runs board was not a batsman but Extras.
ASM Chart Thread, page-4507
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Last
52.5¢ |
Change
-0.030(5.41%) |
Mkt cap ! $96.06M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 55.5¢ | 51.0¢ | $181.3K | 342.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13012 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 2761 | 5 |
View Market Depth
| Last trade - 12.32pm 21/08/2024 (20 minute delay) ? |
| ASM (ASX) Chart |