General Discussion Banter GLN, page-9122

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spovend

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21/10/22

22:25

Post #: 64331443
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Originally posted by HOOPZ: ↑

I keep the history... We had a little bit of an increase in shorting on the 26th (234k on the daily short report which was 11% of all trade) which will show up on the cumulative ASIC report sometime tomorrow (which is what you see on shortman). Only a portion of this 234k will make it through as some will have been covered on the same day - but probably most of it will come through. These reports are not perfect but their accuracy is good enough (i.e. data issues might persist for one to two days but tend to be resolved pretty quickly).

I suspect it was Morgan Stanley, yet again, as they just happen to have an increase in selling volume on the same day.

I noticed that they seem to have done a little bit of short covering as we moved up to $1.50 - but not a lot. Interesting that they chose to add to their shorts at $1.20 rather than at $1.50 which might mean that it's either not a high conviction strategy or perhaps it's just a hedge. Though it wasn't put on like a hedge (i.e. the price was moving up when they put on their 1.8m short position well after the July low).

Anyway, nothing to worry about - just a point of interest really. Almost everything is getting shorted to some extent in this market. It's only a concern when it starts moving above 1% of SOI.

ALL IMO DYOR

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@HOOPZ what’s the latest on the various short positions? Do MS still have 1.7million or whatever it was?

GLN Price at posting: $1.27 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 16.0¢		Change -0.005(3.03%)		Mkt cap ! $120.2M

Open	High	Low	Value	Volume
16.5¢	16.5¢	15.8¢	$512.4K	3.158M

Buyers (Bids)

No.	Vol.	Price($)
19	2089159	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.0¢	298875	5

View Market Depth

No.	Vol.	Price($)
19	2089159	0.155
23	1878546	0.150
16	1717910	0.145
17	1177353	0.140
13	1297306	0.135

Price($)	Vol.	No.
0.160	298875	5
0.165	505495	10
0.170	431670	11
0.175	246604	7
0.180	378788	13

Last trade - 12.43pm 06/11/2024 (20 minute delay)

GLN (ASX) Chart

General Discussion Banter GLN, page-9122

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General Discussion Banter GLN, page-9122

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