Yes this says what I was thinking but with structure.
So a portion of the shorts ( ie the prime broker to VE) have been shorting stock and have the amount lined up with what VE plans to let go of as part of re-balance. Everybody else shorting is potentially at risk of being caught short come re-balance day as there will be no stock for their to cover their short position. The amount of short pressure will be determined by the difference between what the broker has sold short and what all other players have sold short.
Additional positive pressure is Gold price Strength and any quarter production information that is released prior to quarter end. ( The latter may or may no happen)
Additional negative pressure tax loss selling.
Yes this says what I was thinking but with structure. So a...
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Last
$2.74 |
Change
-0.050(1.79%) |
Mkt cap ! $3.770B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.82 | $2.73 | $10.11M | 3.669M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 62478 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.76 | 29890 | 2 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| PRU (ASX) Chart |