CUV 0.94% $15.00 clinuvel pharmaceuticals limited

I suspect shorts will not be happy about this, after all CUV...

  1. 1,183 Posts.
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    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.
 
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Last
$15.00
Change
0.140(0.94%)
Mkt cap ! $751.5M
Open High Low Value Volume
$14.85 $15.08 $14.85 $621.2K 41.42K

Buyers (Bids)

No. Vol. Price($)
2 399 $14.95
 

Sellers (Offers)

Price($) Vol. No.
$15.08 200 1
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
$15.06
  Change
0.140 ( 1.14 %)
Open High Low Volume
$14.99 $15.06 $14.94 4668
Last updated 15.59pm 06/05/2024 ?
CUV (ASX) Chart
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