Hello Sweeper and all Readers,
I consider the A.S.X. is subject to excessive Short Selling practices. (There is a great deal of information of these practices available by the www.yahoo.com search bar and typing in 'Naked Short Selling' there).
You see with Short Selling a 'Broker borrows a company's Shares from another 'Broker, then Sells the Shares on the Market at say 24 cents and then buys them Back at say 21 Cents and pockets the Profit from the falling Share Price.
Sometimes these 'Smartie' Short Sellers get Caught if a Company comes up with a good Announcement as You would understand. Presently THR could be One of many Companies which are Targets for Short Selling,however THR could catch any Short Sellers with 'their pants down' with a good Announcement re Molyhil or Daicos etc. and that would put any Short Sellers 'on their bikes' to cover their positions.
Panic can be caused by this Practice and ALL Companies can be affected by it, not just the Companies which the A.S.X. has available by its 'Short Selling List'.
THR was just one of many Shares in the Smaller Resource Shares sector which was badly treated Yesterday,however someone was interested in Buying THR at the 11 Cents, which is a good sign.
No responsibility taken for any losses in association with this Posting.
Regards,
moly
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.686M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1405230 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1250000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 1405230 | 0.008 |
5 | 630645 | 0.007 |
8 | 1344171 | 0.006 |
5 | 1217926 | 0.005 |
2 | 726263 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1250000 | 2 |
0.010 | 640913 | 4 |
0.011 | 213872 | 2 |
0.012 | 807408 | 3 |
0.014 | 355000 | 3 |
Last trade - 16.21pm 28/07/2025 (20 minute delay) ? |
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THR (ASX) Chart |
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