Look at what happened to the SP of QPM after a similar (larger) spike in shorts. It basically coincided with the SP run off the double bottom.. same as could be playing out here. Time will tell although just saying that doesn't necessarily mean anything.
Look at what happened to the SP of QPM after a similar (larger)...
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 (20min delay)
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $254.1M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $132.5K | 1.313M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 892440 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1584251 | 40 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
10.3¢ |
Change
-0.005 ( 1.89 %) |
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| Open | High | Low | Volume | ||
| 10.3¢ | 10.3¢ | 10.0¢ | 1904494 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| RNU (ASX) Chart |