I have been building a position on the way down. I will continue to buy around $1 and below. The thing is that the share register is actually quite tight and if there is a strong positive catalyst it will lift quickly. The short positions are created with existing outstanding shares so the only additional liquidity is their borrowings. The upside risk is growing significantly.
I have been building a position on the way down. I will continue...
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Last
88.5¢ |
Change
-0.040(4.32%) |
Mkt cap ! $158.9M | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 94.0¢ | 86.0¢ | $479.0K | 539.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24 | 88.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 4771 | 12 |
View Market Depth
| Last trade - 15.34pm 05/09/2024 (20 minute delay) ? |
| CXL (ASX) Chart |