Looks like they are able to generate cash through partial sales of the portfolio. That takes out any CRs anytime soon, imo.
I sense that was the reason for the high shorts. Not sure how low they think they can take this but that was the last opportunity for a final shake down which they managed to do but didn't have too many coins drop out of pockets. Tells me there are no more stop losses left down to $1.33. Generated very little volume. For me, that's confirmed it's a trading BUY.
Insto buying well above these levels recently.
Lastly, a bullish hammer candlestick should be generated on the daily chart today, That's enough for me on a reasonable match across fundamentals, technicals and sentiment. Still a fair bit of work to do break out through resistance levels but a good risk/reward pay off here.
Looks like they are able to generate cash through partial sales...
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Last
$1.46 |
Change
0.000(0.00%) |
Mkt cap ! $419.6M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.46 | $1.43 | $7.291K | 5.051K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1351 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 721 | 3 |
View Market Depth
| Last trade - 12.03pm 29/07/2025 (20 minute delay) ? |
| OBL (ASX) Chart |