You would think on the back of the ORG acquision news the SP would be closer to $4, but the volume and price action strongly suggest otherwise. Plus the shorts are increasing their positions while the buy side not coming through strongly.
Have to agree with froggy, the short position and the trade volume just doesn't make sense. Seems like someone knows something... Better to be safe (with profits) than sorry IMO
You would think on the back of the ORG acquision news the SP...
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Last
$1.84 |
Change
0.100(5.75%) |
Mkt cap ! $1.474B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.85 | $1.78 | $10.19M | 5.568M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 40861 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 25012 | 5 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |