Challenger have been accumulating in March and April including a big lump of 1,172,214 shares on the 15th April after shorts had increased and SP went under $6. CGF bought over 3.7 million shares in total for their clients. That's 1.06% of the shares.
The following 3 trading days shorts were reported as ~80%,~80% and ~60% of the trading volume. NXT is at #3 on the short top 100 as of the 17th.
The SP went up about 20c after the big buy from CGF but has also risen another 30c after that.
I think I missed my opportunity just before Easter as my attention was elsewhere.Probably still worth a top up.
If the holders can avoid selling under the short pressure before the next positive announcement then the SP may get a big kick IMHO.
Gltah
NextDC Rated New Buy at Goldman Sachs; PT A$8, page-67
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Last
$17.10 |
Change
-0.090(0.52%) |
Mkt cap ! $10.26B | |||
| Open | High | Low | Value | Volume |
| $16.93 | $17.28 | $16.91 | $34.69M | 2.030M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4274 | $17.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.11 | 3983 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NXT (ASX) Chart |