Momentum is now with the share price, even the computer traders will now be detecting it.
All we need are a few positives such as the continued rebound in the POO, $1 billion of asset sales etc.
The short squeeze will then be on, as shorters scrabble to buy 100 million shares, the shares will probably spike 100% in one day ( look at glencore). The stock will go into a trading halt, a 10% placement will probably be made to instos at $10, followed by a 1 for 4 rights issue at $10. I can hear those shorters squeeling now.
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Last
$7.99 |
Change
0.050(0.63%) |
Mkt cap ! $25.94B |
Open | High | Low | Value | Volume |
$8.00 | $8.02 | $7.97 | $30.03M | 3.757M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 34454 | $7.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.99 | 16562 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 29160 | 7.960 |
5 | 79407 | 7.950 |
5 | 38254 | 7.940 |
1 | 19071 | 7.930 |
1 | 500 | 7.920 |
Price($) | Vol. | No. |
---|---|---|
7.990 | 16562 | 1 |
8.000 | 49659 | 10 |
8.010 | 39199 | 13 |
8.020 | 56125 | 18 |
8.030 | 88911 | 9 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
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