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
49.0¢ |
Change
0.010(2.08%) |
Mkt cap ! $1.405B | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 52.0¢ | 49.0¢ | $20.19M | 40.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 804608 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 76192 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SGR (ASX) Chart |