It's an attempt to get people to panic sell, and scare buyers away, IMO. An entity, probably one holding a large short position, is trying to confuse the market by preventing the SP from reflecting the progress that's been made.
339,310 shares were shorted on Friday, FWIW.
Edit: could be Van Eck dumping, but that would mean they hadn't lent their holdings to shorts, wouldn't it?
It's an attempt to get people to panic sell, and scare buyers...
Add ASM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
68.5¢ |
Change
-0.010(1.44%) |
Mkt cap ! $124.0M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 71.5¢ | 68.5¢ | $167.5K | 240.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36938 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 3667 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ASM (ASX) Chart |