cheers RalphW.
Guys,
My prediction of circa 6 million qbe shares shorted last friday was wrong. It was actually 12.8 million shares shorted last friday.
To put this in perspective, there was 12.8 million shares from a total traded of 16.9 million shares being shorted i.e. circa 75% .
What this tells you is that these shorters are betting they can buy back these shares cheaper at a future time. It seems that the shorters are winning the battle today as well.
My only issue is that i'm fully invested otherwise these prices are a screaming buy.
QBE Half Year 2016, page-88
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Last
$16.48 |
Change
-0.060(0.36%) |
Mkt cap ! $24.83B | |||
| Open | High | Low | Value | Volume |
| $16.58 | $16.72 | $16.45 | $8.434M | 508.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3258 | $16.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.48 | 1150 | 17 |
View Market Depth
| Last trade - 11.12am 01/10/2024 (20 minute delay) ? |
| QBE (ASX) Chart |