Snakeye's approach and discipline I find impressive.
he is focused on both capital preservation and return and although I don't agree with him on this occasion I do respect the approach and methodology
The steady buying is a reflection of continued short covering, I am sure of we look at the shorts over the next couple of weeks, they would have reduced. Rembering that shorts will be buyers and sellers, slowly decreasing their net short exposure but not creating unreasonable buying pressure. the task will be to exit slowly and calmly.
once they do , then I would expect a medium term rerate
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 (20min delay)
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Last
$7.39 |
Change
-0.785(9.61%) |
Mkt cap ! $2.953B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.81 | $7.29 | $39.29M | 5.263M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 270 | $7.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.39 | 8636 | 21 |
View Market Depth
| Last trade - 11.32am 23/07/2025 (20 minute delay) ? |
| PDN (ASX) Chart |