The problem is that you are wrong - again - suggesting an issue with the fundamentals of A4N. '
A director selling less than a tenth of their holding shortly after the annual report isn't a red flag; it's relatively routine as they are limited by when they can sell.
An increase in short positions directly after the rebalance happened to all but one of the ten stocks admitted to the ASX300; I've included the charts below. This is a blanket strategy against successful companies on the rise when big funds get their hands on decent quantities of shares with which they can manipulate the price down. And it can work when markets are weak, and buyers are holding off. It should be illegal IMO - is this what Australia does to companies doing well?
There may be more pain for the SP, but the shorters will need to be careful as A4N is an excellent, well-run business, with non-dilutive government funding out the wazoo and plenty of news flow imminent. The fundamentals are sound, IMO. And as stated, I will be using any weakness to buy. As a small retail fish in a big ocean, you must go with the flow and not swim against the current.
As with the constant pumping of FYI for years, your analysis is poor and should be disregarded as with the other pathetic fearmongering from non-holders, IMO.
DYOR - Good luck all.
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96.0¢ |
Change
-0.015(1.54%) |
Mkt cap ! $1.089B |
Open | High | Low | Value | Volume |
97.5¢ | 98.5¢ | 95.5¢ | $606.9K | 627.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 106969 | 95.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
96.0¢ | 3125 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99935 | 0.955 |
4 | 55579 | 0.950 |
2 | 25000 | 0.935 |
2 | 30000 | 0.930 |
2 | 7500 | 0.905 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 14540 | 1 |
0.980 | 325 | 1 |
1.000 | 43989 | 3 |
1.010 | 1110 | 1 |
1.020 | 21000 | 1 |
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