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4.4¢ morella corporation limited

AJM Chart, page-2321

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Dazzle101

3,615 Posts.

23

30/12/17

20:56

Post #: 29953172
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Originally posted by charl ↑

This is not the first time that 55% of turnover was shorted. Six days out of 20 the shorts have exceeded 20% of ttraded volume My feeling is still that BlackRock may be involed somewhere either directly or through a mule.It certainly sniffs of big player involvment.Perhaps the shorts temporarily disguise the id of a seller for a while.Early in the year BR disposed of a large shareholding in Orocobre and also purchased about AUD20 mill of Bacanora.
My cynical and unsubstantiated theory was BR employees sometimes work with their bonuses in mind rather than the end result and I am hoping their selling will cease on Jan 2.Lord knows they have made enough profit from AJM purchasing shares at 19c and all those warrants etc with the loan. Lets see what happens on Tues.

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I agree and feel you are onto it there mate,

No stock churns this amount remaining at the same level,
without massive Supply coming onto the market?

Combine this with the Shorters' and it just kills any momentum.

At some point these Warrants etc / profit will have been taken and supply exhausted.

And the Shorters will at some point move onto their next target.

Cheers
Gltah

AJM Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 4.4¢		Change 0.000(0.00%)		Mkt cap ! $10.87M

Open	High	Low	Value	Volume
4.3¢	4.4¢	4.3¢	$4.318K	99.90K

Buyers (Bids)

No.	Vol.	Price($)
2	94221	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	44201	1

View Market Depth

No.	Vol.	Price($)
2	94221	0.043
1	49886	0.042
3	126951	0.041
6	246083	0.040
1	18000	0.039

Price($)	Vol.	No.
0.044	44201	1
0.045	105556	4
0.046	21739	1
0.047	45000	1
0.048	20833	1

Last trade - 16.10pm 30/07/2024 (20 minute delay)

1MC (ASX) Chart

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