@SHRay , It's been almost a month since the divestment order was issued and the shareprice has dropped from 3.6c to 3.5c in that time...after a peak of 20.6m shares traded on June 12th we are back to a miserly 1.98m shares traded today for a grand total of A$69.4k...short position on NTU as of 28/6/24 was given as 73,763, ranking NTU's short position as 610 on the ASX...as a % of 5.9b NTU soi that rounds down to 0.00% shorted...PLS, the most shorted stock on the ASX has 21.2% shorted...
So where is your evidence that NTU shareholders are nervous? panic selling/plunging prices? huge volumes? ugly short position?
As per my Post #: 74396001 , the odds that NTU's directors are busy facilitating block trades to friendly insto's is becoming even more likely...if you are waiting for a price collapse on the 6th August to scoop up cheap NTU shares you may well be dissapointed, IMO the sp may well rebound once a resolution to the divestment overhang is announced. Time will tell...tik tok, tik tok...DYOR & GLTAH!
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $140.0M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.0¢ | $42.38K | 2.018M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 8447537 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 1633177 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 8447537 | 0.020 |
36 | 15777867 | 0.019 |
31 | 8280579 | 0.018 |
19 | 7209468 | 0.017 |
5 | 672498 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1633177 | 2 |
0.022 | 2549957 | 9 |
0.023 | 2786354 | 6 |
0.024 | 1785000 | 3 |
0.025 | 1259998 | 5 |
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