That's the risk with top 20% owns more than 85% shares. They shorted these stocks and it dumped the share price by 40% in 2 days as lot of stop losses got triggered once it went down $1 last week. Hopefully copper price shows some signs of recovery after US debt deal and they will try to close their short positions and this will increase the share price in short term.
Ann: Change in substantial holding, page-3
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Last
41.5¢ |
Change
-0.005(1.19%) |
Mkt cap ! $291.2M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 41.0¢ | $743.2K | 1.795M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 78656 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 162494 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| 29M (ASX) Chart |