Maybe a lower sp now makes for a better take over opportunity.
I do watch short activity, and clearly they are covering, I put a buy in yesterday and managed to push sp up a few cents at a time,
conversely if you put in a sell, they will jump up an buy then sell back down within seconds.
Big question, who is lending to the shorts? keep an eye on substantial share holders and observe changes over time.
Also as mentioned before a CR is very likely as they have Bell Potter on board, but suspect the sp will be pushed up first, to do this
substantial holders will request shares be returned, hence watch share numbers on substantial holder list.
Maybe a lower sp now makes for a better take over opportunity. I...
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Last
$15.37 |
Change
0.130(0.85%) |
Mkt cap ! $770.0M | |||
| Open | High | Low | Value | Volume |
| $15.36 | $15.54 | $15.18 | $1.274M | 82.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 237 | $15.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.50 | 282 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CUV (ASX) Chart |