I've got a question someone might be able to help me with. I'm new to buying shares and still getting my head around how everything works, and SGR is one I threw $500 on at 91c and have been topping up small amounts as it's gone lower thinking that logically it should rebound eventually once this controversial period passes, but this morning I noticed that there was buying before the market opened for between $1.34 and $1.52 as per the image.
If SGR has been sitting around 90c for nearly a week, what is the reasoning with these buys at this price? Appreciate any help to understand this.
SGR Shorts Position dropping, page-85
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Last
48.0¢ |
Change
0.005(1.05%) |
Mkt cap ! $1.362B | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.5¢ | 47.0¢ | $1.759M | 3.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 821937 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 549416 | 63 |
View Market Depth
| Last trade - 12.35pm 27/05/2024 (20 minute delay) ? |
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Last
48.0¢ |
Change
0.005 ( 0.71 %) |
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| Open | High | Low | Volume | ||
| 47.8¢ | 48.5¢ | 47.3¢ | 1113903 | ||
| Last updated 12.55pm 27/05/2024 ? | |||||
| SGR (ASX) Chart |