And just let you know what I really think what has been happening. Actually not really to do with the fundamentals, as it is showing ok if not good but not horrible.
The US hike in June was totally over hyped and attract a bunch of keen shorters that think the stock is over priced. The things just doesn't get better over time as predicted therefore the shorters increased their playing.
However this is decemeber and quarter 2 result is coming out soon. I believe quarter 2 will show improvements and the shorters are ready to harvest with enough absorption.
Now they need to buy back the shares they borrowed.
Just person opinion it might be very wrong.
And just let you know what I really think what has been...
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $129.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $212.6K | 1.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 2123905 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 153603 | 5 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
14.5¢ |
Change
-0.005 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| 15.0¢ | 15.0¢ | 14.3¢ | 1244074 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| BUB (ASX) Chart |