http://www.shortman.com.au/stock?q=BFC
Someone, maybe one of your fellow posters, is attempting to engineer a short position in BFC.... & likely a profitable exit by pushing the price down on relatively low volume.
This shorting excursion only commenced around ~ Jan 19th (see monthly chart) and is relatively minor & stable at an aggregrated 0.28% of total shares on issue. The short sales took place at prices above 50 cents so the recent push below 50 will enable shares to be repurchased & a profit made.
The drifting share price spurs uncertainty, the shorters friend. It is aimed at eroding BFC shareholder confidence, both harnessing int'l weakness & the short period ahead until the upcoming significant announcement.
Given advantageous $AUD & evident building Asian demand for Australian produce (particularly at Chinese New Year) is any weakness in BFC warranted? Are we being manipulated by a few, without any basis?
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $3.994M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $9.776K | 3.358M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 25474330 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 12564984 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 25474330 | 0.002 |
11 | 18800999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 12464984 | 7 |
0.004 | 18999432 | 27 |
0.005 | 3897000 | 9 |
0.006 | 1669659 | 6 |
0.007 | 7283708 | 10 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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