As smart or as informed as the shorters seem to be, there would be plenty of 'institutional' investors as JM has previously talked about with an understanding of the business and the market mechanics and what the shorters may be about to do. Any whales looking to accumulate a large interest in ADN might just be waiting for this scenario and the likely larger volumes to stake there claim at good prices.
Any shorters tread carefully...
As smart or as informed as the shorters seem to be, there would...
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $46.65M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.5¢ | $74.08K | 4.641M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 9866927 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 40828 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |