The short position chart from 61 financial shows a weekly and monthly drop in short positions. Observing the intraday trading activity one can ascertain that there is indeed a battle going on at the moment, however as the chart trend indicates the short position reduction and trend combine to suggest that the situation for the "shorter's" SIC is becoming less tenable. Given the opening up of the travel market, (At increased ticket prices hence likely more commission and profits for travel industry operators) Suggests that we continue to hold Long, and we do, with the expectation that we will be rewarded for our patience.
We run a diversified portfolio so all is good.
Crazy Valuation, page-177
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Last
$16.25 |
Change
0.130(0.81%) |
Mkt cap ! $3.606B | |||
| Open | High | Low | Value | Volume |
| $16.20 | $16.37 | $16.02 | $16.21M | 996.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 57292 | $16.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.30 | 650 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |