I see that today it makes a new low at 5.92. For the last 3 days, every time the shareprice goes up, it got sold down but there were also buyers to bring it back up to 6. The daily short figure is about 35%-40% of the total regular-hours trading volume. I do not think you can do short sell after hours. The rule of trading requires short sales to happen on the uptick. That is when the stock goes up. It prevents the sharp down spiral that the shorts want to create.
Do the shorts bet that there will be terrible news in July report or they are actually giving the long a chance to to get shares at low prices. We need about 3 more weeks to know the answer.
Looking for the bottom, page-4
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Last
$5.72 |
Change
0.160(2.88%) |
Mkt cap ! $4.331B | |||
| Open | High | Low | Value | Volume |
| $5.65 | $5.85 | $5.62 | $44.08M | 7.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 137 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.72 | 1910 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| IGO (ASX) Chart |