Thanks for asking. I wanted someone to ask. My theory is BOA is not shorting the stock simply to make profit. Ofcourse every banks main purpose is to make profit. But there is one other important reason behind this. “Accumulation” . And I believe the management is not talking about the US roadshow. But it wasn’t a rumour. They did infact spoke to them and looks like BOA was given a green light to be that liquidity provider when they do list. I believe this shorting won’t stop till they accumulate atleast 12-15%.
All Time HIgh Shorts, page-9
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Last
$1.24 |
Change
-0.020(1.59%) |
Mkt cap ! $1.392B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.28 | $1.21 | $9.007M | 7.292M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 395766 | 9 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
-0.020 ( 1.42 %) |
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| Open | High | Low | Volume | ||
| $1.26 | $1.28 | $1.21 | 1609549 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| ZIP (ASX) Chart |