Generally I see large shorter involvement when the share price is at ath and there is a disconnect such as falling revenues or revenues not meeting expectations or forecasts
Shorters pile in. That drives the sp down a little. But it's then the ongoing sustainedanipulation of the shorters over the following 6-12 even 18 months that really damages the share price.
This manipulation has nothing to do with getting it right, it's knowing you have a lot of money. And it's knowing you can manipulate the price down for a period of time until the company can show it's turned a corner
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.26 |
Change
0.040(3.28%) |
Mkt cap ! $870.4M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.27 | $1.20 | $6.262M | 4.992M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22000 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 4560 | 2 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| PNV (ASX) Chart |