here is another thought bubble. It doesn’t really cover what looked like the SP being manipulated down today but it may explain the big short position. What if a director or insto. Say had a huge number of shares in escrow and wanted to lock in profits at $21. They can’t sell because of the escrow but I believe they are allowed to instruct their broker to take a short position, effectively locking in the price.
this is more of a brain fart but I’ll throw it out there and see what you guys think.
here is another thought bubble. It doesn’t really cover what...
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Last
36.5¢ |
Change
-0.005(1.35%) |
Mkt cap ! $32.42M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.0¢ | $108.7K | 294.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2999 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 9698 | 1 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
37.0¢ |
Change
-0.005 ( 0.80 %) |
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| Open | High | Low | Volume | ||
| 37.0¢ | 38.5¢ | 35.5¢ | 49008 | ||
| Last updated 14.24pm 21/05/2024 ? | |||||
| PPK (ASX) Chart |