Here's my theory. Chinese instos started shorting they knew 2 weeks ago.
They knew Ganfeng would sell....at $1.50 Aussie shorts piled on as the crooks those guys are probably heard the rumour but didn't think it would be crossed. It was at $1.05 ....A gift when it was $1.50.
This could be $3.00 by Christmas. At $1.65 heading into production that is where it was headed...and still is.
Shorts now caught short by 80m -100m shares. Hold Tight they want every one.
GLTAH. DYOR.
Here's my theory. Chinese instos started shorting they knew 2...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.3¢ | $1.220M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 6252092 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 695532 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |