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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Last
$3.62 |
Change
0.000(0.00%) |
Mkt cap ! $16.39B | |||
| Open | High | Low | Value | Volume |
| $3.64 | $3.67 | $3.61 | $47.73M | 13.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 403303 | $3.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.63 | 272610 | 6 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| S32 (ASX) Chart |