This is quite interesting. According to short man, on the 5th of April, shorts were at 8.73% or 57,796,782 shares. On the 7th of April this was back up to 9.87% or 65,298,603 shares. That's a jump of 7.5 million shares. So the shorters sold 7.5 million shares from the 5th to the 7th. The SP closed at 1.080 on the 5th and on the 7th it closed at 1.125. With all that dumping of shares to beat the price down, it still went up 4.5c. Wonder if they are starting to lose their mojo. I'd hate to be in a position where I dumped so many shares and SP still went up. A turnaround may be in the pipeline as they seem to be losing their impact. GLTA.
This is quite interesting. According to short man, on the 5th of...
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Last
$2.61 |
Change
0.090(3.57%) |
Mkt cap ! $1.801B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.66 | $2.58 | $3.183M | 1.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19229 | $2.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.62 | 3084 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PNV (ASX) Chart |