I don’t think there will be anymore cliffs leading into Christmas with quadpay pumping in the US. Maybe some dips..but fundamentals of the market should move us forward. We are currently in the more seasonally busy period with Christmas shopping etc and this should be the start of a strong upswing in share price and growth.
I would say the dip just now was your standard short sell down attempting holding the price yet again. They still have way too many shares short at this stage and probably attempting to hold the price in a set range. I actually don’t know why they haven’t covered completely by now. With Westpac selling their stake and weakening the SP they have had the perfect opportunity to get out.
I don’t think there will be anymore cliffs leading into...
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Last
$1.72 |
Change
-0.040(2.27%) |
Mkt cap ! $1.937B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.83 | $1.70 | $26.91M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 15000 | 2 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |