@DTFhealth "I have looked again on the announcement related Morgan being substantial holder
1- their BUY price was around $14. How can this stcok will mot rebound and giant company like Morgan will loose??"
Morgan shareholdings is based on making money lending to short sellers."
Morgans are not investors like Superfunds nor you and I. As long as they are short selling interest and making money from SS, A2M share price is secondary until they decide to sell.
In X days or years when they decide to sell of course the share price matters but not today, and if they do sell at a loss, their vast holding in thousands of companies, it would be a simple tax loss they can reclaim.
A2 Share price, page-24
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Last
$6.14 |
Change
-0.220(3.46%) |
Mkt cap ! $4.445B | |||
| Open | High | Low | Value | Volume |
| $6.30 | $6.33 | $6.12 | $14.77M | 2.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17044 | $6.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 3624 | 2 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |