Kwaidan...your comments are interesting insofar as if the net shorts for commsec have been so large, that could well be the reason for the capping of the position. Question then arises if the position is capped then could that lead to a gradual closing of the shorts for a net long over coming weeks?
I'm really trying to understand if there is any significant influence from the commsec action explaining recent SP strength. Or is it simply the market taking a positive view?
regards
DF
commsec caps nxs margin exposure, page-4
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $43.82M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 14.0¢ | $58.48K | 396.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5028 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 37881 | 1 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| NXS (ASX) Chart |