Upon looking at it a little deeper, I believe you had a bigger holder cash in on Friday. The trade analysis file is too big to post here but a good look over it sees roughly even amounts traded at most price points and the 30min / hourly charts show that it was spread over 4-5 hours.
That sort of data is indicative of a "liquidation" not of anything problematic IMO.
The test will be tomorrow morning to see if demand overtakes supply.
You guys only have 1.9% short position so nothing to worry about there. IMO.
Cheers
Upon looking at it a little deeper, I believe you had a bigger...
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Last
$7.20 |
Change
0.190(2.71%) |
Mkt cap ! $2.305B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.34 | $6.95 | $5.698M | 788.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16776 | $7.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.27 | 197 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |