The shorts are eroding your capital.
They are simply rinse and repeating their strategy. Buy $1.60s to $1.80s and close shorts around $1.20s to $1.30s. Easy profit.
Next time they might drive this below $1.
So easy to watch panic selling when management has no positive news. I can't imagine many deals occurring behind closed doors.
If the SP hit $2, I would have been silent all day. Now I am full of life.
Keep cash, it is the safest bet in these turbulent times. Even if this hits $1.50, I'd sell. $1.30 is not far away in this climate (simply buy back and keep some capital).
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The shorts are eroding your capital.They are simply rinse and...
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Last
$1.77 |
Change
0.018(1.00%) |
Mkt cap ! $2.221B |
Open | High | Low | Value | Volume |
$1.76 | $1.79 | $1.75 | $2.089M | 1.183M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 12363 | $1.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.78 | 78698 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 37974 | 1.775 |
14 | 101236 | 1.770 |
16 | 144070 | 1.765 |
12 | 263535 | 1.760 |
13 | 91458 | 1.755 |
Price($) | Vol. | No. |
---|---|---|
1.780 | 170066 | 6 |
1.785 | 56679 | 8 |
1.790 | 195839 | 13 |
1.795 | 170053 | 14 |
1.800 | 197200 | 31 |
Last trade - 10.21am 12/08/2024 (20 minute delay) ? |
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ZIP (ASX) Chart |