Noob,
With today's average trading price below 70c do you really think that it is the institutions shorting at a lower price than their entry price in the placement just a few days ago?
Shorting data is easily accessible for all ASX stocks and it is clear that PDN is being shorted. Great strategy for those that knew of the placement before it happened but I suspect it won't be for those doing it at these prices.
below 70 cents?, page-24
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 (20min delay)
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Last
$12.65 |
Change
-0.210(1.63%) |
Mkt cap ! $3.782B | |||
| Open | High | Low | Value | Volume |
| $12.60 | $12.80 | $12.56 | $23.49M | 1.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4500 | $12.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.66 | 3571 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |