Just on your point ozblue:
"3. Short interest, even though down from the 155m high to about 136m at present (4 day old data), during the last 5 trading days, 3 of them have above 40% gross short sales for the day. I would expect today to be a similar percentage, but we will not know until tomorrow.
The shorts know people will be selling for tax loss reasons so are probably helping the share price down a bit to cover at a lower price, towards the end of tax loss selling period. In the last 5 years it has been very obvious that tax loss selling has occurred during May and June on the ASX200, with July usually showing a strong rebound (often starting mid to late June)."
I hope share investors that do this realise that if they sell and then rebuy the stock in a short time frame. In the event of a tax office audit, they can get done for Part 4A tax avoidance. Under ATO share wash rules.
If you sell off and don't rebuy however, I don't see a problem.
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Just on your point ozblue: "3. Short interest, even though down...
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Last
$3.14 |
Change
-0.100(3.09%) |
Mkt cap ! $9.450B |
Open | High | Low | Value | Volume |
$3.19 | $3.20 | $3.10 | $101.3M | 32.04M |
Buyers (Bids)
No. | Vol. | Price($) |
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30 | 274897 | $3.13 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.14 | 246919 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 159742 | 3.130 |
41 | 188712 | 3.120 |
41 | 502967 | 3.110 |
156 | 618171 | 3.100 |
13 | 95332 | 3.090 |
Price($) | Vol. | No. |
---|---|---|
3.140 | 74329 | 4 |
3.150 | 37448 | 5 |
3.160 | 191450 | 5 |
3.170 | 28642 | 6 |
3.180 | 112577 | 18 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
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Change
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