Even though @Mariemac said i should be quiet and i don't know what i'm on about...the short positions are closing from their high of late July AND the gap has closed quite nicely today. Looks like the 9 from 10 figure holds true for this example.
IMO - we are in buy territory.
However, would be much happier seeing less shorts though, back in that 5-7.5% range.
Chart - Z1P, page-12865
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Last
$3.37 |
Change
0.055(1.66%) |
Mkt cap ! $4.399B | |||
| Open | High | Low | Value | Volume |
| $3.31 | $3.40 | $3.26 | $17.74M | 5.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 124860 | $3.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.37 | 24169 | 13 |
View Market Depth
| Last trade - 12.40pm 15/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |