1. 175 Posts.
    re: Ann: ZSP: S&P DJ Indices Announces Septem...
    Philapat,

    I think you will find that the shorts have been covering for weeks now, if you watch the trades you will see the attempt to cap a rise and trade volume through CX and mid point prices like 41.8c. Off market trades on daily averages are also appearing and LYC has dropped from the top 10% of shorted stocks on the ASX.
    Volume is up and the SP short term averages are looking upwards but for mine the company is approaching a critical point where it will break up or down within the next 4 weeks according to my amateur charting.

    Fundamentally it could break lower with the annual report and shorts ready for another run but could also break up with a positive announcement by the company.
    I just see the old volatility coming back in about 4 weeks and this controlled churn getting more dangerous for the heavy hitters.
 
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Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $4.235M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $2.624K 1.311M

Buyers (Bids)

No. Vol. Price($)
17 122872432 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 21720689 22
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Last trade - 12.05pm 30/08/2024 (20 minute delay) ?
PRX (ASX) Chart
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