Surprisingly the volume of short selling was relatively modest 6M on 28M volume. Suggests investors panicking and selling out (which is why not much of rebound through short covering). Will take a couple of days for the shareholders to realise they sold out at bargain prices and will jump back in at higher prices.
Short sellers are staying away... always a good news - suggests bottom end of pricing range
sale of the century, page-6
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Last
$13.88 |
Change
-0.105(0.75%) |
Mkt cap ! $4.130B | |||
| Open | High | Low | Value | Volume |
| $13.78 | $13.91 | $13.62 | $20.42M | 1.484M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1631 | $13.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.88 | 1877 | 22 |
View Market Depth
| Last trade - 14.24pm 12/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |