I think the shorting is simply a bet that we are a while away from an announcement and the price will continue to slide until there is a positive announcement.
and also, trading at low volume would maue the price easier to manipulate wouldnt it?
Flag / pennant forming..?, page-17
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 (20min delay)
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Last
24.5¢ |
Change
-0.010(3.92%) |
Mkt cap ! $44.01M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 24.5¢ | $23.65K | 94.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 36715 | 1 |
View Market Depth
| Last trade - 15.10pm 29/07/2024 (20 minute delay) ? |
| CYP (ASX) Chart |