yes - just a natural function of inclusion. Stock becomes more readily held by those that can offer stock for borrow. Same applies to all stocks that progress to inclusion. It wasn't really a BOT specific comment / problem, but as a stockI am long, I’m cognisant of this potential effect. Not sure if it will have any impact, but aware some folks like to keep track of the short activity.
it does however feel like the selling pressure is robust at the moment. Volumes remain low, but the selling has been quite relentless of late. I’m still of the opinion it’s profit taking / natural consolidation after a big run. Frustrating all the same, especially when such value lies ahead should the FDA approval process as predicted.
patience will hopefully be rewarded.
Ann: Botanix Included in the All Ordinaries Index, page-39
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Last
38.0¢ |
Change
0.025(7.04%) |
Mkt cap ! $687.8M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 38.0¢ | 36.0¢ | $3.158M | 8.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 141840 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 135173 | 2 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| BOT (ASX) Chart |