Thanks Future Tech & Tersy,
Sometimes I think shorters create problems for themselves when they short, then the price goes up on them and they have to short again to create a lower price. I think this can go on and on until they have been forced to build up massive short positions, and when there is a sustained breakout to the upside they get smashed.
Perhaps this is what happened last year when the price went up to $13.00.
The stock was probably not worth $13.00 then, but the shorters got crunched.
My price target on A2M is AUD $15.00.
Any comments on shorters much appreciated. Thanks
Ann: 2018 Annual Meeting Presentation (including trading update), page-213
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Last
$7.01 |
Change
0.290(4.32%) |
Mkt cap ! $5.067B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $7.12 | $6.81 | $26.19M | 3.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 28521 | 7 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |