Yes - like I said earlier “the shorting shackles have come off” as shown here below? Looks like it might have been UBS who were shorting Chalice to hell ever since the last CR last May? I find it hard to believe that whoever invested at $6 at the last CR would bail out at such a massive loss - which I very much doubt. These could be the same investors who invested at $6, are still onboard and might have lent out their shares for others to short Chalice to hell. Like hell it went down to as low as below $1! I am sure these same investors are betting their original investment will see growth over time - above $6 surely? Maybe higher than $10? Who knows? Time will tell. So I agree Chalice could be one of the most under valued stocks on the ASX?
NOT INVESTMENT ADVICE and good luck!!
Yes - like I said earlier “the shorting shackles have come off”...
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Last
$1.58 |
Change
-0.010(0.63%) |
Mkt cap ! $614.6M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.65 | $1.57 | $5.655M | 3.532M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 139520 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 24389 | 26 |
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| Last trade - 15.17pm 08/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |