Well well well......look who was playing with the stock.
Credit Suisse....WOW and who else, yet to be known. Some funds will deliberately stay below 5%.
Borrow- Short- Accumulate.
From 1 Oct 19 to 13 Jan 20....they accumulated 48 million shares.
During that period the SHORTS increase from 1.78% to 9.91%.
Retail people scratching their head. RSG is so bad that Credit Suisse
decided to become a substantial holder. They bought exactly inside the blue box.
Accumulation is happening.
9.91 % short sale needs to be unwound, roughly 90-100 million shares to be bought back.
RSG business streamlined. Forecast of healthy margins from now on.
Capital Raise is looking unlikely for now.
This Short trade has to be closed.
I am sensing a rapid rise in the share price.
Let's see what happens.
Well well well......look who was playing with the stock. Credit...
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Last
53.0¢ |
Change
0.015(2.91%) |
Mkt cap ! $1.128B | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 54.5¢ | 52.0¢ | $13.30M | 25.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 280119 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 1254766 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RSG (ASX) Chart |