The CDU share price has been unremittingly short sold on the ASX.
The last three days trading figures by the ASX are:
29.10.2014 - 391,739 CDU shares traded of which 61,109 were short sold (20%)
30.10.2014 - 169,655 CDU shares traded of which 40,014 were short sold (25%)
31.10.2014 - 252,305 CDU shares traded of which 83,849 were short sold (33%)
No wonder the CDU share price can't move higher.
I am following up my loss on the Melbourne Cup last year by placing a bet on Fawkner once more, Risking 8 CDU shares. $4 x $4 - playing it as safely as I can.
Hope you have a collect.
cheers,
Max
CDU Price at posting:
$1.28 Sentiment: Buy Disclosure: Held