Macquarie Bank is the highest profile company that took years to shake shorters.
The fundamentals of the company are healthy.
The company continues to grow and share price is absolute no indication of the health of the company.
Investors should decide on continued investment based on their own due diligence.
Everything else is noise both positive and negative.
Timing is everything.
0.4% of the company was traded today.
Trading programs buying and selling into themselves caused a 6.5 cent drop
The true percentage of actual shares changing hands was probably 0.2%.
That same manipulation can go the other way.
If 1% plus were traded on a ongoing basis with a negative trend then i would be selling.
How this game finishes is a mystery to all.
Good Karma to all
Macquarie Bank is the highest profile company that took years to...
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Last
12.5¢ |
Change
0.015(13.6%) |
Mkt cap ! $120.6M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.5¢ | $108.3K | 894.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 92863 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 64794 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.015 ( 8.70 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 12.5¢ | 11.5¢ | 151623 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| BET (ASX) Chart |