Short covering is the reason for recent activity. Just look at the market manipulating weasels trying to buy back their stock today.JBH has some very large short positions on it at the moment and these are starting to unwind. Shorting the retailer with arguably one of the best business models around coming into a Christmas with a likely rate cut seems like a poor trade to me. I personally would like to take this opportunity to thank everyone who sold me JBH in the low 14's. I hope all shorters are losing plenty at the moment. I don't like you
Short covering is the reason for recent activity. Just look at...
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Last
$61.21 |
Change
-0.470(0.76%) |
Mkt cap ! $6.692B | |||
| Open | High | Low | Value | Volume |
| $62.20 | $62.21 | $60.81 | $19.35M | 316.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1672 | $61.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $61.23 | 368 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| JBH (ASX) Chart |