Latest ASIC short report shows shorts decreasing to 107 million following a SP price drop below 20c. But, with still a high 6.08% total short positions, this suggests to me that the SP price still has much further to fall. I cannot see where resistance sits at.
(My consideration is based on 6.75% total positions with SP above 20c.)
Latest ASIC short report shows shorts decreasing to 107 million...
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $380.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 20.3¢ | $1.148M | 5.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 165683 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |