If you look at the annexures UBS has clearly been a net seller (read shorter) of the stock over the last month. As if there are any surprises there. They have also had some pretty chunky buys as well, which could be considered short covering. What this really tells us though is that UBS have been responsible for a lot of our volume and they have been churning the stock.
Now I am going to go out on a limb and say they could find better ways to make money than trading PLS for pips and that there is an ulterior motive behind this all. What is others opinion? @Royal_Viking
Ann: Ceasing to be a substantial holder-PLS.AX, page-7
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Last
$3.01 |
Change
0.100(3.44%) |
Mkt cap ! $9.064B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.02 | $2.83 | $89.14M | 30.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 245889 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 76015 | 16 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |