Don't call for "experts" mate. That could deter many coming forward to contribute their thoughts.
Anyways, me think shorting is not a major issue for this stock. Latest accumulated position is still uner 500k. It's the frustration from many holders over the years, and you are right, Brian Ward broke his revenue and profit guidance is the main reason for recent drop, plus the end of FY tax loss sale.
Bot trading on this stock is real. Why they bother to deploy on this micro volume stock is unknown. Owing to this absurdly low price, I recently placed an order of 30k @52.5c, when there was 28.5k on the offer side at this price. Just when I submitted the order, immediately some others intercepted my order and I was only allcated slightly above 10k shares, yet there was another 3500 share buy order at this price in front of me! i.e., I got partial fill but was still at 2nd place in the bidding queue. This is an almost unexplainable situation, unless there was high frequency bots monitoring the backend (not sure how they achieved this) and was able to pre-empt my order. This is also the reason I echoed EWexplorer's comments.
By the way, ASIC short position reporting is rough, not very trustable IMO. I have found its figures not well matching ASX's data.
- Forums
- Charts
- Come on finish 1.60 plus
Don't call for "experts" mate. That could deter many coming...
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARX (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.0¢ |
Change
0.015(3.09%) |
Mkt cap ! $172.1M |
Open | High | Low | Value | Volume |
50.0¢ | 51.5¢ | 49.5¢ | $286.3K | 569.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15430 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 5289 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15430 | 0.495 |
5 | 17574 | 0.490 |
4 | 40221 | 0.485 |
6 | 62739 | 0.480 |
2 | 1112 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 5289 | 1 |
0.510 | 2746 | 1 |
0.515 | 1000 | 1 |
0.530 | 48000 | 2 |
0.535 | 37121 | 1 |
Last trade - 15.32pm 30/04/2024 (20 minute delay) ? |
|
|||||
Last
50.0¢ |
  |
Change
0.015 ( 3.09 %) |
|||
Open | High | Low | Volume | ||
51.0¢ | 51.5¢ | 50.0¢ | 160266 | ||
Last updated 15.32pm 30/04/2024 ? |
Featured News
ARX (ASX) Chart |