Could well be RIO...I just can't see any other logical reason to undervalue and short this company to the point it's one of the worst on the ASX.
There is simply no data or factual based reason (as far as i can see) to think the price will go down so much that a shorter can buy back and make a profit all while paying a fee for the pleasure. Unless they think we have sand under the pit I just can't see the logic.
Banter and general comments, page-26192
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Last
8.3¢ |
Change
-0.008(8.79%) |
Mkt cap ! $177.3M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.0¢ | 8.3¢ | $4.722M | 56.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1606055 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 110070 | 6 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |