That proved to be the case. The shorts have kept ARU in check - 19c three months ago - 19c now.
Question - when do they let it go?
Answer - when they've covered.
Current short situation (close to the top in short numbers) https://www.shortman.com.au/stock?q=aru
Therefore ... no change likely until a FA reason for cheap shares to let the shorts cover (so todays' announcement is probably a big yawn).
That proved to be the case. The shorts have kept ARU in check -...
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $245.7K | 1.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 333293 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 877689 | 15 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |