It could be both.
As I type this, the share price is up 18 cents, or around 7.5%, on yesterday's close. 29 cents, or around 10%, on Tuesday's close. It wouldn't surprise me to see people who jumped in at around 2.25 (14+% rise) taking some profits.
There could very well be a lot of short covering coming up, which will push it up higher - I'd like to see information on just how many shares are out there that were sold short and still haven't been covered (not sure where to look for that information; I don't really care that much, since I'm in it for the long haul.)
Expect dips and rises; I expect to see the rises - in the long term - to be greater than the dips, but the ride will be rough, especially in the short term. I'm hopeful that we've seen the bottom, though.
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Last
$12.65 |
Change
-0.210(1.63%) |
Mkt cap ! $3.782B |
Open | High | Low | Value | Volume |
$12.60 | $12.80 | $12.56 | $23.49M | 1.849M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4500 | $12.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.66 | 3571 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4500 | 12.630 |
1 | 19500 | 12.620 |
4 | 6753 | 12.600 |
1 | 1000 | 12.590 |
1 | 500 | 12.570 |
Price($) | Vol. | No. |
---|---|---|
12.680 | 350 | 1 |
12.700 | 10000 | 1 |
12.800 | 3962 | 2 |
12.870 | 120 | 1 |
12.950 | 380 | 2 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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PDN (ASX) Chart |