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
$11.74 |
Change
0.290(2.53%) |
Mkt cap ! $3.511B |
Open | High | Low | Value | Volume |
$11.54 | $11.96 | $11.27 | $34.85M | 2.980M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 39237 | $11.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.75 | 307 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 103 | 11.690 |
1 | 117 | 11.610 |
1 | 250 | 11.600 |
2 | 336 | 11.550 |
1 | 8650 | 11.510 |
Price($) | Vol. | No. |
---|---|---|
11.800 | 323 | 1 |
11.890 | 238 | 1 |
11.900 | 41 | 1 |
11.970 | 10270 | 2 |
11.980 | 2200 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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