So given the move - we have to question if there is something the shorts know ? This is quite alarming that shorts have built up a position in a very small period of time … and in doing so taken the share price to new lows.
what can it be? Bauna delayed restart ? Why hasn’t the company come out and said it’s back operational after its maintenance ? It’s 1 month on.
who dat east oil? Does this warrant the price action even if its dry?
upcoming results ? With div / buyback ?
it’s all very very strange - and I would have thought thst if Bauna was fully operational the company would put out an announcement… so perhaps this is why the shorts are pushing this lower ?
any thoughts from anyone?
PB
Buy or hold?
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$1.78 |
Change
-0.023(1.25%) |
Mkt cap ! $1.428B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.80 | $1.77 | $3.711M | 2.084M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 70514 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 76243 | 58 |
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| Last trade - 14.30pm 24/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |