Latest ASIC short report shows shorts decreasing to 107 million following a SP price drop below 20c. But, with still a high 6.08% total short positions, this suggests to me that the SP price still has much further to fall. I cannot see where resistance sits at.
(My consideration is based on 6.75% total positions with SP above 20c.)
Chart, page-20823
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.5¢ | $656.1K | 3.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 364081 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1348618 | 18 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |