Yes, it looks like shorts are still heavily used to manage the price towards what they want it to be.
Not saying there aren't competing algos at play or aren't there for hedging. However still very active and I suspect this will remain until we report some financial data which will place us onto a less volatile trajectory.
General Discussion Topics, page-116462
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $308.7M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.1¢ | 3.0¢ | $655.3K | 21.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 131 | 33563667 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 503427 | 5 |
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| SYA (ASX) Chart |