Fellas, I say it again, keep it simple, shorters are your friends.
They help with liquidity, but more importantly they stabilise the share price. No unnecessary spikes, up or down.
In this case, between 20 and 25 cents is fair value.
And it gives you a little wriggle room to make a bob.
They won't let it run on lacklustre, expected announcements, only on "upwards or downwards" surprises.
Just IMO. J L.
Short squeeze party thread, page-158
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Last
20.0¢ |
Change
0.035(21.2%) |
Mkt cap ! $573.0M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 20.0¢ | 17.8¢ | $5.012M | 26.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 435841 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 2021336 | 30 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |