The calculated push down to 17c from highs of 34c definitely worked to the extent, if not greater than the anticipated extent of the drop. True there have been many occasions of shorters becoming unstuck, however with such a large amount of SOI held up in short positions, I do not believe such a thing would be 'allowed' to happen.
My personal theory relating to the publishing and distribution of information regarding to the EV sector in attempts to (successfully) push the price down is this; True retail investors would take such information into consideration but I believe the articles provide reasonable justification for instos to push the SP down in the medium term, reflecting on 'Industry outlook' and 'spod price' articles.
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2.4¢ |
Change
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Mkt cap ! $247.0M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 978814 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 5787563 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 978814 | 0.024 |
52 | 13122839 | 0.023 |
26 | 6120318 | 0.022 |
17 | 3050067 | 0.021 |
46 | 9068198 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 5739563 | 24 |
0.026 | 6492490 | 14 |
0.027 | 7665504 | 27 |
0.028 | 4852965 | 25 |
0.029 | 3746411 | 18 |
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