Word on the street is that hedge funds are starting to buy (back) sold Cu forwards. Here's how I see it below. Moving from 30K short to 9k short. I'm experiencing it as nibbles elsewhere in the small-cap Cu miners too.
Of course, it's just as likely to be too early to tell but we are close to the end of raising.
All IMVHO.
Ann: Strategic Placement & Accelerated Entitlement Offer Results, page-46
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Last
27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $211.1M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.5¢ | $36.67K | 136.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 47609 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 338630 | 10 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RXM (ASX) Chart |