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
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $389.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.8¢ | $610.1K | 2.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 593140 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 560405 | 10 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |