Hi DC, I agree it is a little confusing, but indicates they were borrowing and returning stock over the period, making a profit as they pushed the share price lower, in the expectation of a disastrous market update from NWH. The reality is that the market had already priced in a much larger profit warning into the SP than the one that eventuated. IMO shorters may be able to push the SP slightly lower in the ST (taking advantage of weakness from tax loss selling etc) but in the next couple of weeks as investors realise the dividend on offer and positive outlook, and no debt, and NTA at 1.10 the SP should recover. Then the shorters will move on elsewhere.
http://www.asx.com.au/data/shortsell.txt
IMO DYOR
gs ann - shorters for short term..., page-7
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NWH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.56 |
Change
0.010(0.28%) |
Mkt cap ! $1.620B | |||
| Open | High | Low | Value | Volume |
| $3.58 | $3.59 | $3.53 | $3.945M | 1.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6745 | $3.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.56 | 2388 | 2 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| NWH (ASX) Chart |