Interesting trading stats as of yesterday. 10% share price increase on big volume 0f 25m. Shorts are also down. I have kept a daily view on shorts. There was about 2.4m shorts with ups and downs of 10% of that amount traded almost daily.
Just on shorts. Shorting is just as valid as long buys. But I feel it is something the vast majority punters don't fully appreciate, perhaps because shorters rarely identify themselves. Posters often call some consistently negative who appear to post at technical inflection points "shorters" however it is just part of the environment we trade in.. .
Shorts and stop losses are always an easy churn for small cap companies with a large volume of shares on issue. Combine this with algorithm trading and the share price is an easy mark to make a few dollars or add to it's suppression. Add to this strategically timed and placed post(s) on blogs or social media and a stock like AZY can, in the short term, be easily manipulated.
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Interesting trading stats as of yesterday. 10% share price...
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $49.61M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $16.37K | 1.428M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 3631827 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 7773161 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3000000 | 0.011 |
31 | 11575337 | 0.010 |
17 | 7516021 | 0.009 |
13 | 6271925 | 0.008 |
6 | 2461083 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 7023161 | 10 |
0.013 | 10371803 | 17 |
0.014 | 4171915 | 16 |
0.015 | 2668665 | 9 |
0.016 | 2672355 | 6 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.1¢ |
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Change
0.001 ( 0.00 %) |
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Open | High | Low | Volume | ||
1.2¢ | 1.2¢ | 1.1¢ | 773497 | ||
Last updated 14.50pm 03/05/2024 ? |
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AZY (ASX) Chart |