The stock has fallen 66% in 3 months from $3.00 to 1.00 such had been the heavy shorting on inglation and credit risk. Right now with Macro turning favourable for first time in 18 months and credit risk just lowered
.... the shorts are going to have to give some back. The only question is how big the swas Covidhort squeeze is ? I say 1.30 by Friday. I could be wrong on the low side given the last crisis move. The buying was so strong all day and big volume too indicating some truth to my read.
DYOR.
I told you good time to buy, page-34
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Last
$2.30 |
Change
-0.100(4.17%) |
Mkt cap ! $2.985B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.43 | $2.30 | $30.40M | 12.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 296874 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 4000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |