I agree with mcbain1. As I’ve stated before I believe the SP is going to head further down into premium buying levels where institutions can get discounts on the SP. Unfortunately, that means below 20c in the coming months. That would explain the rising short positions over the last couple weeks.
DYOR
DEV - Chart, page-135
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $66.25M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $54.34K | 367.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 152413 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 171495 | 3 |
View Market Depth
| Last trade - 15.54pm 08/10/2024 (20 minute delay) ? |
| DEV (ASX) Chart |