Because it is a tightly held stock (and for reason) shorters cause more damage and the muppets who lend out the stock should be dealt with.
If the stock volume traded on a daily basis was in the millions we would hardly see an effect.
It reminds me of a past test match where the highest contributor to the runs board was not a batsman but Extras.
ASM Chart Thread, page-4507
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Last
55.0¢ |
Change
0.015(2.80%) |
Mkt cap ! $97.91M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 55.0¢ | 53.0¢ | $62.65K | 115.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7582 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 2786 | 4 |
View Market Depth
| Last trade - 15.00pm 01/11/2024 (20 minute delay) ? |
| ASM (ASX) Chart |