Yeah, i generally agree with ya, I'm not against taking a bet against the company, but shorting such a large position is manipulating the price.
The depth of sellers is usually sub 100,000 shares, by selling 1,400,000 which they don't own its brought down the price at least a dollar or two, annoying if you want to buy your boat right now.
Hopefully they're forced to close in a hurry
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$7.96

Short Attack - Price Manipulation, page-12
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Last
$7.96 |
Change
-0.080(1.00%) |
Mkt cap ! $1.443B |
Open | High | Low | Value | Volume |
$7.93 | $8.02 | $7.86 | $1.689M | 212.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 1621 | $7.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.96 | 3248 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 1654 | 7.940 |
18 | 4149 | 7.930 |
10 | 1667 | 7.920 |
7 | 4777 | 7.910 |
6 | 4609 | 7.900 |
Price($) | Vol. | No. |
---|---|---|
7.960 | 3258 | 8 |
7.970 | 1063 | 4 |
7.980 | 1299 | 7 |
7.990 | 2260 | 4 |
8.000 | 11536 | 8 |
Last trade - 11.43am 18/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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