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87.0¢ renergen limited

Thanks ( I think ! ) Is the ASX listing of Regeneren one “pot”...

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ralom

17,639 Posts.

434

24/02/21

18:38

Post #: 51295376
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Originally posted by wobblyboots ↑

need todays shorts, this will tell.

ralom, hard to explain, but a broker may have 1 million shares for his clients, he can use these to buy, sell, short, what ever they can do to make a buck, always relying on retail holders to improve the margin.
they could have bought early today pushing higher, then shorting some of their stock at the same time.
this activity is certainly aided by being aware of information such as a xtrade, knowing this client will sell.
they can buy back their short position as their client sells into possible arbitrage, knowing there will be sellers.
this would suggest that volume we have been seeing is completely unrealistic.
not easiest to explain but lets see if there is a cross trade first, then can check shorts later in the day.

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Thanks ( I think ! )
Is the ASX listing of Regeneren one “pot” of shares and the JSX listing another “pot” ?
Or can the shares be flicked between exchanges as one likes ?

RLT Price at posting: $1.77 Sentiment: None Disclosure: Held
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(20min delay)
Last 87.0¢		Change -0.015(1.69%)		Mkt cap ! $26.38M

Open	High	Low	Value	Volume
87.5¢	87.5¢	85.0¢	$44.07K	50.46K

Buyers (Bids)

No.	Vol.	Price($)
1	979	85.0¢

Sellers (Offers)

Price($)	Vol.	No.
86.5¢	13	1

View Market Depth

No.	Vol.	Price($)
1	979	0.850
1	25000	0.845
1	4000	0.835
1	2523	0.810
1	1000	0.800

Price($)	Vol.	No.
0.865	13	1
0.880	5716	2
0.885	3000	1
0.890	3800	2
0.900	7389	2

Last trade - 11.08am 30/09/2024 (20 minute delay)

RLT (ASX) Chart