HI Alee,
"wait for it" with bated breath we wait in anticipation to see how this loto pays off..
Interesting bit of shorting.
The March stuff was likely driven by the Underwriter of the $10m CR as a means of limiting his exposure to borrowing to fund the shortfall shares.
The rise from zero on the 7/06 to 1.7m on the 13/6 following the announcement of a new MD on the 6/06 is understandable from a shorter's "possible bad news" perspective.
The "17% increase in production" announcement on the 11/06 turned that into a bad call and sent the shorts back to zero on 17/06.
The rise to 3.4m on the 24/06 leads me to believe the shorter has had his brains bashed out. The "22% increase in production" announcement on the 3/07 was a reality check and the shorts dropped back to 1.7m.
The rise over the last two weeks to 5.8m makes as much sense as the previous attempts to add to the sell side and drive the price down
I note with interest that the shorter is still trying with 257k shorted yesterday.
- Forums
- ASX - By Stock
- General discussion inc SP movement
HI Alee,"wait for it" with bated breath we wait in anticipation...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGO (ASX) to my watchlist
|
|||||
Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $111.0M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.3¢ | $110.5K | 2.055M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 921748 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 921748 | 0.053 |
7 | 957690 | 0.052 |
3 | 369627 | 0.051 |
11 | 773112 | 0.050 |
4 | 460825 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 300000 | 1 |
0.055 | 41127 | 2 |
0.056 | 712331 | 3 |
0.057 | 520254 | 3 |
0.058 | 361417 | 6 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online