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.
So in essence the shorts are waiting for a positive announcement...
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Last
78.0¢ |
Change
-0.025(3.11%) |
Mkt cap ! $141.2M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.0¢ | 77.5¢ | $427.1K | 536.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2053 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ASM (ASX) Chart |