makes sense.
what doesn’t to me at the moment is over the last 7 or so days there’s been an almost regular dump of 500 odd k shorts into daily volume of around the million. Caveat, as reported, and I don’t seem to have much faith in those reports.
But even so, when it is reported that close to 50 percent of daily sales are short and the share price is bouncing around the lows of the last 4 years, then I’m left scratching my head trying to work out what is happening.
not that it overly matters, as I’m happy sitting on this investment for a few years yet. But I am intrigued.
Alk Chart, page-2303
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Last
50.5¢ |
Change
-0.015(2.88%) |
Mkt cap ! $304.7M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.8¢ | 50.5¢ | $314.8K | 617.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 168774 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 170792 | 15 |
View Market Depth
| Last trade - 15.33pm 23/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |