Massive Short position against us at the moment and it coincidentally doubled in the few days before the GS report. I'm expecting to see it get pushed down further but as you can clearly see that kind of shorting volume - $70m+ at current prices is likely what's been driving the sharp decline. There will be a bounce when the shorts close their positions which usually leads to a large chunk of them yanking at the same time.
We're in a downward part of the cycle now so as long as you can hold on, hopefully we can ride the next one.
Massive Short position against us at the moment and it...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $299.1M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $307.3K | 2.175M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1373855 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 2599810 | 32 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
14.3¢ |
Change
0.000 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| 14.0¢ | 14.5¢ | 14.0¢ | 1855690 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CXO (ASX) Chart |