I wouldn't be surprised if this market movement was to be the setup for some M&A. Just hard to believe that it is shorters who are simply providing liquidity for the market.... AIMO
Oh, mate.
Forget about "market liquidity". There is no great lack of liquidity with this stock, given the size of individual trades.
Read my post again. Shorters provide "market stability". Please note the difference.
Without them you nervous nellies would be having daily hissy fits about the share price. IMO. J L.
Short squeeze party thread, page-117
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $643.6M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $1.581M | 7.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 840004 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 639041 | 6 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |