We can only speculate, if you are referring to APA restricting supply at Orbost, that would come at an expensive price tag for APA at a $249 million pre tax impairment - costing more than COE long-term debt obligations.
I don't think anything nefarious is being done by APA.
I think the shorts have gotten battle weary. 14 million shares traded today and being up 10.46% on the final day of the financial year. S.U.S.P.I.C.I.O.U.S!
Instos ad retailers with diamond hands, repelling investments banks sniffing for a capital raise. I think they painted themselves into a corner.
Yes, it's my tin-foil hat but it is getting old, I guess I've been around for too long.
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Mkt cap ! $580.8M |
Open | High | Low | Value | Volume |
22.0¢ | 22.3¢ | 21.5¢ | $525.3K | 2.391M |
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No. | Vol. | Price($) |
---|---|---|
7 | 396677 | 21.5¢ |
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Price($) | Vol. | No. |
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22.0¢ | 213850 | 5 |
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No. | Vol. | Price($) |
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7 | 396677 | 0.215 |
9 | 974123 | 0.210 |
14 | 743786 | 0.205 |
22 | 822825 | 0.200 |
8 | 483466 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 213850 | 5 |
0.225 | 588110 | 8 |
0.230 | 1594677 | 11 |
0.235 | 707084 | 15 |
0.240 | 3055957 | 25 |
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