Total newbie here and only just starting to understand a little about sheorts. Please shoot me down if I'm completely missing the mark.
My understanding is that these "big boys" borrow stocks, sell them with an expectation that the SP will drop, then buy back low and wait for them to rise again. Could the 6.4M volume at $0.18 be them trying to buy back in with an anticipation that the SP will start heading north? Could their run finally be over?
Total newbie here and only just starting to understand a little...
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $404.3M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $514.9K | 2.872M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 468288 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 572079 | 13 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| ARU (ASX) Chart |