My earlier comments to Tigmeister on 1 August that shorting low volume stocks is fraught with danger appear to have played out, todays price action is a classic short squeeze just before the close forcing those seeking to cover to pay up.
Looking very much like a short squeeze
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 (20min delay)
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Last
56.5¢ |
Change
0.005(0.89%) |
Mkt cap ! $214.5M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 58.0¢ | 56.5¢ | $196.1K | 343.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55402 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |