There is 4.8m shares shorted. Not a lot in the scheme of things. I just can't see it having such an impact on an appreciating share price.
People are jumping on board simply because the positive news is bring publicity. The companies future is now solidifying. We are getting interest not just locally but overseas. I think it's as simple as that.
ASM Chart Thread, page-10214
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Last
64.0¢ |
Change
0.070(12.3%) |
Mkt cap ! $116.0M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 64.5¢ | 58.0¢ | $158.7K | 256.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 527 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 17600 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |