I suspect shorts will not be happy about this, after all CUV said there will be no buy back, and CUV was recently voted as one of 2 companies best to short
this was at some anaylst convention, mostly they highlighted best companies to buy, but 2 were listed as "best to short"
Issue for shorts now is that it is at a 5 year low, or was this morning, and they recently increased shorting to almost 5%.
Now who would be selling their shares at this low level, knowing that a BB is to start later this month, so I suspect alot of
trading today is mostley fake shares, still trying to trigger stop losses etc, but really I dont know how they get out of this without increasing
the sp.
I tried to buy this morning, and each time the sp just bumps up, will wait tomorrow, suspect a pull back.
Interesting to watch over next 2 weeks.
I suspect shorts will not be happy about this, after all CUV...
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Last
$14.72 |
Change
-0.100(0.67%) |
Mkt cap ! $737.1M | |||
| Open | High | Low | Value | Volume |
| $14.80 | $14.97 | $14.60 | $600.3K | 40.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 324 | $14.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.75 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CUV (ASX) Chart |