The shorters (institutional owners hedging) have been actively increasing for almost four weeks, it's going to take four weeks for them to move on without them upwardly disturbing the share price. They must have a declined GO somewhere in their strategy. For them to be successful they must be penciling in $2, they might be right.
Ann: AVITA Medical to Announce First Quarter 2024 Results, page-5
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Last
$2.40 |
Change
-0.040(1.64%) |
Mkt cap ! $159.1M | |||
| Open | High | Low | Value | Volume |
| $2.41 | $2.42 | $2.36 | $1.104M | 460.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 21691 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 1 | 1 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| AVH (ASX) Chart |