QPM 0.00% 3.4¢ queensland pacific metals limited

No you don't make sense. People can short. it opened at...

  1. 419 Posts.
    lightbulb Created with Sketch. 32
    No you don't make sense.
    People can short.

    it opened at 17c
    closed at 15.5

    people can borrow someone else's shares. sell them at 17c

    buy them back at 15.5c. you give the shares back.

    you profit the difference.

    you don't need to be long stock to sell. that's what shorting is. most retail can't short in Australia. so it's big money making these moves.
 
watchlist Created with Sketch. Add QPM (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
0.000(0.00%)
Mkt cap ! $85.72M
Open High Low Value Volume
3.3¢ 3.4¢ 3.3¢ $11.12K 328.8K

Buyers (Bids)

No. Vol. Price($)
13 1148547 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 1816 1
View Market Depth
Last trade - 10.58am 25/07/2024 (20 minute delay) ?
QPM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.