It went as low as it did because some flog behind an insto or broker desk was going short on the stock.
Check the short position history on short man data and it's evident. Recent shorters are being absolutely smashed and likely to face even bigger losses if they don't unwind. I believe this uptick is the shorters running for the exit.
It went as low as it did because some flog behind an insto or...
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Last
$1.97 |
Change
-0.045(2.24%) |
Mkt cap ! $507.0M | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.03 | $1.95 | $612.3K | 308.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2491 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 4218 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| DVP (ASX) Chart |