I think it is a shake out to trigger automatic stop-losses.
Very low short positions at .28% so it isn't that. http://www.shortman.com.au/stock?q=s32
A broader theme is an anticipated fall in commodity prices, but no evidence of this. Maybe traders just got bored after that good run.
I could be wrong. I often am.
Ash
I think it is a shake out to trigger automatic stop-losses. Very...
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 (20min delay)
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Last
$3.41 |
Change
0.000(0.00%) |
Mkt cap ! $15.40B | |||
| Open | High | Low | Value | Volume |
| $3.38 | $3.41 | $3.38 | $8.849M | 2.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 290 | $3.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.41 | 1088 | 1 |
View Market Depth
| Last trade - 14.10pm 26/12/2024 (20 minute delay) ? |
| S32 (ASX) Chart |
