I've got a question someone might be able to help me with. I'm new to buying shares and still getting my head around how everything works, and SGR is one I threw $500 on at 91c and have been topping up small amounts as it's gone lower thinking that logically it should rebound eventually once this controversial period passes, but this morning I noticed that there was buying before the market opened for between $1.34 and $1.52 as per the image.
If SGR has been sitting around 90c for nearly a week, what is the reasoning with these buys at this price? Appreciate any help to understand this.
SGR Shorts Position dropping, page-85
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $1.333B | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.5¢ | 45.0¢ | $6.047M | 13.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 675708 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 787879 | 8 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| SGR (ASX) Chart |