Fair enough
Instos are obviously the beneficial holders (under the Nominees) and I would expect there will be some movement amongst them. Probably value funds buying <$9.50ish given forecast P/E quite low. Personally I think its more likely that shorts are being covered at this price than new shorts added.
I don't find the reference to consensus valuation particularly persuasive. DJS is trading at c.30% premium to consensus; RIO at a discount of over 30%. Its not as if the market gravitates towards brokers forecasts.
post emergent sales are off the scale, page-34
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Last
$3.99 |
Change
-0.035(0.87%) |
Mkt cap ! $1.544B | |||
| Open | High | Low | Value | Volume |
| $3.96 | $4.05 | $3.96 | $3.644M | 911.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 6157 | $3.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.99 | 23258 | 39 |
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| Last trade - 14.56pm 19/08/2024 (20 minute delay) ? |
| NUF (ASX) Chart |