These shorters love feeling the pain when the SP uplifts. In other words they love reaping the rewards of their stupidity.
They think selling down a business that is making close to $1b in sales commissions is the way forward, and their inventory problem is just a one-off.
I decided to turn the incinerator up a notch over the weekend. I think a few shorters might be feeling the heat of their 21 May stupidity.
Ann: May 2021 Business Update, page-133
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Last
$4.51 |
Change
0.060(1.35%) |
Mkt cap ! $453.7M | |||
| Open | High | Low | Value | Volume |
| $4.46 | $4.58 | $4.41 | $2.881M | 639.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5920 | $4.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.52 | 165 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| KGN (ASX) Chart |