I think you are looking to much into the short term. The squeeze is happening because each time the report is positive other people want to flush out the weak hands and average up with the growth. This is smart investing, just look at the trading pattern on announcements...
Ann: Quarterly Update, page-101
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Last
$3.39 |
Change
-0.110(3.14%) |
Mkt cap ! $4.510B | |||
| Open | High | Low | Value | Volume |
| $3.43 | $3.51 | $3.36 | $26.32M | 7.673M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 28764 | $3.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.40 | 69562 | 27 |
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| Last trade - 13.22pm 13/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |