it’s not about value it is about the power to manipulate. A big day of trading usually sees 12 million shares traded. Most days are half that. Over 9 million in less than an hour when there has not been a any reported bad news is one of the large shorters playing their hand. Possibly before they know the pressure is mounting for the SP to rise across next six months. How low can this be pushed before they have expended their hand?
General Discussion, page-638
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $243.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.5¢ | $703.0K | 2.946M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 211145 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 110000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |