Ok I'll bite. Could you explain how easily short contracts can be written up as it's news to me. For my knowledge, script available to short is some of the tightest arrangements on the ASX.
Plus with this low SOI, and very little major insto participation, available script just isn't.....available. IMO.
A couple of indicators went green late last week, the big tall upper wicks are unfortunately a worry but that's the case of all stocks that have endured a long downturn, there's always going to be supply wanting to cash in on every spike. Love the way it closed on the bollie median.
Cheers.
RAC - Charts & Price Action, page-19282
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Last
$1.69 |
Change
0.000(0.00%) |
Mkt cap ! $288.0M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.69 | $1.57 | $387.6K | 237.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 807 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 2376 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RAC (ASX) Chart |