I must see JPM wash trade reporting misread on Hot Copper across multiple stocks more than any other release. Retail investors so misunderstand what these big houses - you can't short and be long at the same time people. These are big prime brokers (JPM top three globally with Goldmans and Morgan Stanley) with a massive array of positions (mostly long, some short) constantly changing on their books. This is beneficial ownership reporting changes - hence not price sensitive.
A little rehypothecation movement hardly surprising given:
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Last
$1.25 |
Change
-0.045(3.49%) |
Mkt cap ! $856.6M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.31 | $1.24 | $1.258M | 996.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 82727 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 38408 | 24 |
View Market Depth
| Last trade - 11.47am 01/08/2025 (20 minute delay) ? |
| PNV (ASX) Chart |