Last couple of week's weakness was part Trump, part shorters....

  1. 1,510 Posts.
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    Last couple of week's weakness was part Trump, part shorters. Even on the 8th, when markets were bouncing, they increased shorts by 358K (approx 27.4% of daily turnover) to keep a cap on things. Net shorts increased by 1.3M from March 28 to April 8 (about a full day's worth of turnover) and got the share price down about 25%. Will be interesting to see if they can cover without pushing the price back to where it was. It's already recovered half the losses from that period.

    https://hotcopper.com.au/data/attachments/6941/6941399-a2cfd58036f6e556c6ec8844e7a5282b.jpg
 
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(20min delay)
Last
$1.65
Change
-0.015(0.90%)
Mkt cap ! $343.3M
Open High Low Value Volume
$1.68 $1.68 $1.60 $1.006M 619.3K

Buyers (Bids)

No. Vol. Price($)
2 11230 $1.63
 

Sellers (Offers)

Price($) Vol. No.
$1.65 5774 1
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
WBT (ASX) Chart
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