Of course it could be mainly shorters.
The question is why they think they can get away with it.
Are they thinking there is going to be a capital raising and they can buy back there or are they seeing risks we can't see.
We can certainly see they are taking a risk being so exposed to a stock that has so few shares on free float.
It will be interesting to see how it works out.
ASM Chart Thread, page-6002
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 (20min delay)
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Last
46.0¢ |
Change
-0.010(2.13%) |
Mkt cap ! $83.38M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 46.0¢ | $86.14K | 183.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 33837 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| ASM (ASX) Chart |