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1.11%

$3.57 select harvests limited

Ann: Updated Crop Forecast, page-21

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kipper57

7,188 Posts.

624

18/01/24

12:58

Post #: 71942680
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Originally posted by yellowcake: ↑

Price drop is indicative of major shorting interest on the back of rains similar to last year which were problematic to harvest. You can be sure that at some point this rout will attract the buying interest of multinational interests such as Olam which already has swallowed Timberland's 8000ha estate. As the world's largest oil palm producer, SHV is a starter for breakfast. In the meatntime the shorters are in control. Charts for ideas on support.

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Looks to me like a short squeeze has been in playSHORTMAN

Last edited by kipper57: 18/01/24

SHV Price at posting: $3.05 Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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(20min delay)
Last $3.57		Change -0.040(1.11%)		Mkt cap ! $508.7M

Open	High	Low	Value	Volume
$3.61	$3.61	$3.55	$285.4K	79.59K

Buyers (Bids)

No.	Vol.	Price($)
5	49	$3.67

Sellers (Offers)

Price($)	Vol.	No.
$3.32	566	1

View Market Depth

No.	Vol.	Price($)
2	439	3.750
3	244	3.670
4	156	3.660
6	1652	3.620
4	1272	3.570

Price($)	Vol.	No.
3.320	566	1
3.380	636	1
3.390	250	1
3.400	2262	2
3.440	283	1

Last trade - 15.59pm 04/11/2024 (20 minute delay)

SHV (ASX) Chart