Let me clarify, im saying for the market, at $1.50, it is being priced as if every negative possibility is coming true, on the other hand at $14 it was being priced as if timelines and goals would be perfect.
When perfection didnt happen it gave short sellers a chance to jump in.
I personally havn't sold a share and in fact continue to purchase.
It's my honest opinion that the shorts have tried every game in their book to get retail to capitulate so they can cover and exit, up to this point they've chased funds with holdings to cover large portions, took advantage of people selling to buy in during the SPP, and have covered every chance they get. They still need another 3.5 million ish shares
ASM Chart Thread, page-9106
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Last
55.0¢ |
Change
0.025(4.76%) |
Mkt cap ! $99.62M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 56.5¢ | 53.0¢ | $259.4K | 475.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 824 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 2447 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| ASM (ASX) Chart |