icing, page-5

  1. 4,326 Posts.
    noticed the sell depth at 40c has increased but all relatively small and odd numbers.

    1 11 113,757 $0.400
    1 14,145
    2 13,000
    3 2,860
    4 473
    5 3,360
    6 8,190
    7 9,310
    8 469
    9 10,060
    10 42,570
    11 9,320


    got me thinking perhaps we have a shorter trying to cap the price and hope it goes lower. checked the short sell list http://www.asx.com.au/data/Shortsell.txt
    sure enough AXM shorted for 26,867 shares. not many and would have expected 100k atleast but will keep an eye on the list over the next week and see if we can get any relation to SP movements.
 
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