I think the shorter is a big hedge fund with plenty of firepower to push the stock down ,the company has little control over what the hedge fund decides to do ,but in my opinion unless they have covered their position they are going to find it very difficult to buy back their stock ,saying that they have potentially made a motza already by tripping the stop losses on the way down .Retail investors are down approx 4 mill in the last 6 months so they probably doing very nicely from this !!!
I think the shorter is a big hedge fund with plenty of firepower...
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Last
$12.94 |
Change
-0.200(1.52%) |
Mkt cap ! $1.653B | |||
| Open | High | Low | Value | Volume |
| $13.03 | $13.06 | $12.75 | $7.500M | 581.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2300 | $12.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.96 | 2086 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| NEU (ASX) Chart |