WOR 0.07% $14.25 worley limited

re:needs a green day soon, page-6

  1. 122 Posts.
    re: peg growth comparison Can some-one explain shorting to me? Excuse me I'm a bit of a dummy. The way I understand it, one borrows at share and slots it into the list to force the price down on the assumption that a trader will be able to buy at a lower price. However the rules imply that a sell may only be slotted one tick above the last price. If that is so, my watching of the action in WOR is shorting at play. Small sell at a lower tick, a larger sell slots in. So on and so on. Is that what I'm seeing? If that is the case, shorters are relying on tempting holders selling their parcels to buy cheaper. Or can shorters buy each others shares? If sellers fail to offer enough cheap shares, shorters have to buy back at a loss. Well, that has little to do with the fundamentals of WOR, its all a trick to buy lower, Right? As I have mention before I watched this occur on NCM, and that SP is now back at historical levels.
 
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$14.25
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No. Vol. Price($)
1 380 $14.23
 

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Price($) Vol. No.
$14.25 4564 1
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Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
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