MIN 13.9% $49.14 mineral resources limited

Is the buying support coming from the Shorters? or is MIN....

  1. 6,502 Posts.
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    Is the buying support coming from the Shorters? or is MIN. actually showing it knows what it's about and market buying?

    https://hotcopper.com.au/data/attachments/6491/6491843-012d4fe843d9b6005f7d38893293332b.jpg

    Shorters depth:

    https://hotcopper.com.au/data/attachments/6491/6491850-9b92ec32468727e60f573930e4c349d7.jpg

    and still building daily per ASX data:
    Daily Gross Short Sales reported for 24-Sep-2024, ASX Limited (ASX) & Cboe Australia (CXA)
    1MINMINERAL RESOURCES LIMITEDFPO540,581

    Daily Gross Short Sales reported for 25-Sep-2024, ASX Limited (ASX) & Cboe Australia (CXA)
    1MINMINERAL RESOURCES LIMITEDFPO554,714
    Daily Gross Short Sales reported for 26-Sep-2024, ASX Limited (ASX) & Cboe Australia (CXA)
    1MINMINERAL RESOURCES LIMITEDFPO795,264

    It appears some shorters are expecting a pullback!? Will China's economic stimulus prove them wrong?

    There appears a fare chunk of money allocated to Shorters, many may have closed off while others are jumping in!?

    Is MIN. close to fare value now OR is there more to come?
 
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