Yeah, I'm not sure where the shorters will take qbe today. It looks like they're having a rest at the moment. I feel the same way as you. We should see a rally this afternoon because they have been shorting it for a couple of trading days so far. It's getting too low for them I think - it has a good balance sheet, not sure why they have targeted qbe. I guess, they feel that profit takers will drive it down anyway and they might as well ride the wave. I think it's consolidating now. The reported shorting on Friday 20/3/09 was 14.16% and that is lower 19/3/09 when it was around 19%.
increase in substantial holding, page-5
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Last
$17.21 |
Change
0.100(0.58%) |
Mkt cap ! $25.90B | |||
| Open | High | Low | Value | Volume |
| $17.14 | $17.21 | $17.00 | $55.64M | 3.239M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1030 | $17.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.21 | 8899 | 1 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| QBE (ASX) Chart |