If they short PIA I would simply buy some more at lower prices and better yield as would many others so a short play is not likely to be a good idea.
OR Maybe PIA holds shares in something that is going to be involved in a Take Over play and boost our NTA and price, and these guys know about it ?
OR looking at the announcement they have held 6% since November 2023, almost a year without shorting, and think it is a good little investment making healthy returns so lets buy some more.
I am thinking the 3rd option is most likely.
If they short PIA I would simply buy some more at lower prices...
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Last
$1.18 |
Change
0.010(0.86%) |
Mkt cap ! $302.1M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.18 | $1.17 | $205.2K | 174.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35311 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 6255 | 1 |
View Market Depth
| Last trade - 15.49pm 13/11/2024 (20 minute delay) ? |
| PIA (ASX) Chart |