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$2.92 nanosonics limited

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Michaelirish

23,893 Posts.

386

16/04/24

16:19

Post #: 73371392
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Originally posted by zeno9: ↑

Thanks for posting the Nanosonics short covering graph.

Looks to me like more than a few of those shorting Nanosonics stock are expecting that an announcement will be made when the company finally submits its CORIS application to the FDA and that such an announcement may be imminent. Of course, the underlying concern of any shorters would be about the effect of a bounce in the share price if and when the CORIS application to the FDA is announced.

Seeing as we are now more than two weeks past when the company had originally expected to submit its CORIS application to the FDA, I would say that the short covering is a prudent and expected insurance play by those shorters involved in the covering.

zeno9

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If you are a shorter you are always shaky except when other forces enable your shorting.

I do not expect any ASX announcement re Coris until the FDA has made its decision

NAN Price at posting: $2.87 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.92		Change 0.000(0.00%)		Mkt cap ! $884.7M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	2	$3.00

Sellers (Offers)

Price($)	Vol.	No.
$2.78	44	2

View Market Depth

No.	Vol.	Price($)
1	1	3.000
1	96	2.980
2	1359	2.970
1	1169	2.940
3	2805	2.920

Price($)	Vol.	No.
2.840	221	3
2.870	64	1
2.910	580	1
2.920	2512	3
2.930	7410	7

Last trade - 09.43am 06/06/2024 (20 minute delay)

NAN (ASX) Chart

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