Pro traders make a market and yes they will need to buy back.
what’s more pertinent is that Gina Rhinehart acquired 8 percent of her stock in Arafura at a price above 27 cents a share.
now Gina might be a lot of things to a lot if people but she a pretty astute investor.
I’d be buying under 27 cents not shorting
Short Sales - Here is the latest look through, page-153
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $427.4M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 18.0¢ | $286.7K | 1.555M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 152154 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 482460 | 14 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |