Look at the short selling figure for yesterday. it was about 50% of regular hours trading volume again. After hours trade had more volume than regular hours trading. It looks like the shorts keep borrowing and selling to those who wish to buy. In this game the shors who are still selling ow can only make money if there is a panic exit from instos and weak retail buyers who buy using borrowed money. Just hang in there and 50% - 100% appreciation in share price will come. It's a long game. It takes years to develop a mine and tens of years to grow a company. The shorts play in terms of months for a quick profit. The fact that IGO can still afford to pay a dividend says alot about how confident the insiders are about the business.
- Forums
- ASX - By Stock
- New all time high
Look at the short selling figure for yesterday. it was about 50%...
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IGO (ASX) to my watchlist
|
|||||
Last
$5.31 |
Change
0.090(1.72%) |
Mkt cap ! $4.005B |
Open | High | Low | Value | Volume |
$5.31 | $5.37 | $5.28 | $4.255M | 798.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 12847 | $5.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.32 | 18074 | 40 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 8651 | 5.320 |
16 | 36554 | 5.310 |
16 | 29415 | 5.300 |
14 | 40975 | 5.290 |
9 | 10674 | 5.280 |
Price($) | Vol. | No. |
---|---|---|
5.330 | 17645 | 33 |
5.340 | 26488 | 32 |
5.350 | 32846 | 19 |
5.360 | 60994 | 22 |
5.370 | 46713 | 14 |
Last trade - 12.24pm 26/08/2024 (20 minute delay) ? |
Featured News
IGO (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online