So in essence the shorts are waiting for a positive announcement which under the circumstances will cause retail to buy, they drop their shares into this buying mood causing the price to drop and then rebuying them at the lower price that this selling caused.
Conclusion - how to own a company withput spending a cent for it.
ASM Chart Thread, page-4325
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 (20min delay)
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Last
74.0¢ |
Change
-0.025(3.27%) |
Mkt cap ! $134.4M | |||
| Open | High | Low | Value | Volume |
| 75.5¢ | 76.5¢ | 73.0¢ | $225.0K | 304.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 19443 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 41491 | 10 |
View Market Depth
| Last trade - 13.19pm 26/06/2024 (20 minute delay) ? |
| ASM (ASX) Chart |