OFX 9.88% $1.36 ofx group limited

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  1. 1,375 Posts.
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    As I predicted, ofx suffered heavy short selling on Wednesday. In fact, the highest in recent times: 1.33m short sales, which was 50% of all trades.

    Almost negligible chance that a hord of small fry short sellers happened to do short sales in harmony without collusion. This is likely mostly the work of one or two major instos or hadge funds. In other jurisdictions it would be called market manipulation. Not so in the land that was among the last to ban bribes as a tax deduction!

    But good chance -- IMO -- that shorters may get burnt on ofx this time.
 
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Last
$1.36
Change
0.123(9.88%)
Mkt cap ! $313.1M
Open High Low Value Volume
$1.31 $1.37 $1.29 $2.250M 1.720M

Buyers (Bids)

No. Vol. Price($)
14 8990 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.37 2854 9
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Last trade - 12.43pm 13/11/2024 (20 minute delay) ?
OFX (ASX) Chart
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