Hi mate,
Target price to re-buy would be a combination of seeing the shorts closing and then a close of the gap made back on the 30/07 - so a target buy between $6.90 & $7.05.
The key is that the short positions need to be closing also. I think if I see Shortman showing this then the risk of the SP being pushed down to close the $6.13 gap made on the 20/01 would be low. Therefore, upside risk would be more than downside.
Max share price is this spur i think is circa $8.50, breaking this would be bullish.
Sell of $18+ is still the target - unknown date however.
Chart - Z1P, page-12307
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Last
$2.75 |
Change
0.000(0.00%) |
Mkt cap ! $3.590B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.75 | $2.69 | $17.99M | 6.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.75 | 83683 | 13 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |