Institutions buy and hold, then lend their stock to shorters to make money.
Hedge funds like Regal, now a major shareholder, will move the price up and down to make a profit using exactly the tactics explained by Iowed.
Best thing to do is put your share certificate in a drawer for 18 months until the results from the phase three trial start to filter through.
You can’t beat Regal by trading, they are a long short fund with huge financial resources and math phd employees tuning algorithm trades.
Institutions buy and hold, then lend their stock to shorters to...
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Last
27.5¢ |
Change
-0.010(3.51%) |
Mkt cap ! $400.0M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.3¢ | 27.0¢ | $1.034M | 3.758M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 98156 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 85523 | 9 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| IMM (ASX) Chart |