As IGO got over 6, short sales spike up again. The short sale figure for yesterday was 1,240,729. This is 3x the normal volume. The shorst will keep on trying until it becomes no longer viable to sell it down. We will see what happen when IGO reports at the end of July. The downside risk is low. The risk for teh shorts is high. The share price could explodes upward like last time (but it was sold down lower that time a week later). We will see if IGO will stay resilient this time.
Looking for the bottom, page-104
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Last
$5.72 |
Change
-0.130(2.22%) |
Mkt cap ! $4.331B | |||
| Open | High | Low | Value | Volume |
| $5.85 | $5.91 | $5.70 | $24.52M | 4.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8696 | $5.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.77 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |