As expected, and in contradiction to the title of this thread, shorts are actually closing out while the share price is is at record 2-year lows, with the most recent SP hammering ostensibly brought on by the company share Placement and SPP announced 18 August 2023, which IMO, defied logic!
I suspect this was the method in the madness in consideration of the SPP terms, which effectively funds the recent CAR-T IP acquisition without impacting the various trial programs funding, enabling shareholder participation on seemingly favourable terms, while affording the shorts an opportunity to close out at 2-year share price lows. Will this be the turning point in the tide?
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Shorters Building Up, page-62
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $404.2M |
Open | High | Low | Value | Volume |
5.6¢ | 5.7¢ | 5.5¢ | $379.9K | 6.840M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1581916 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 680013 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1426916 | 0.055 |
16 | 1934202 | 0.054 |
19 | 3200677 | 0.053 |
21 | 1960514 | 0.052 |
20 | 1523521 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 561039 | 4 |
0.057 | 1456460 | 12 |
0.058 | 213000 | 4 |
0.059 | 367000 | 4 |
0.060 | 1227780 | 13 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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IMU (ASX) Chart |