would love to be buying more at these levels but until there is something positive regarding cash position and sales pricing I'm just not prepared to throw any more money into this when down so much and other things are going up and making money.
with 2 months until the next quarterly results there is a lot of time for shorters to play with this at the moment.
the encouraging thing for me is the share price has stabilised somewhat and there is thin support at 42.5 so will be interesting to see what happens today
shorters leverage stock so are paying interest on their investment. they need the stock to keep falling.
In the absence of news I think one of the best scenario for us is SP stability. This may make the smaller shorters at least cover and bring some sp growth. The fact we still have 17% total short position is very concerning as they clearly feel this isn't bottom
a great sign would be the BOD buying in hard now as this would show the market that they think this is bottom and things are improving
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would love to be buying more at these levels but until there is...
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $227.6M |
Open | High | Low | Value | Volume |
22.0¢ | 23.3¢ | 21.5¢ | $638.1K | 2.853M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 64122 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 11500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 64122 | 0.220 |
4 | 110501 | 0.215 |
8 | 235309 | 0.210 |
13 | 332135 | 0.205 |
28 | 1263689 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 11500 | 2 |
0.230 | 194425 | 12 |
0.235 | 168466 | 6 |
0.240 | 282470 | 7 |
0.245 | 279399 | 7 |
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