Agree makes little sense. If the company had convertible notes outstanding you could put it down to some form of arbitrage being played out. Why short a company which is trading at a deep discount to its cash backing and has a good Cu asset. The price of Cu could change for unexpected reasons and sentiment would shift against your short position pretty quickly.
I do love conspiracy theories. Maybe some one is holding the VWAP low. Take over at 100% of VWAP makes a headline. Still you would have to think the expert reports would have to reject 25cents a share based on the cash and value of assets. But you who can you trust in this world now a days.
Eshmun
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Last
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $262.6M |
Open | High | Low | Value | Volume |
46.0¢ | 47.0¢ | 45.8¢ | $212.6K | 458.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 60356 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.5¢ | 15600 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 60356 | 0.455 |
5 | 171695 | 0.450 |
8 | 142909 | 0.445 |
4 | 81200 | 0.440 |
6 | 111071 | 0.435 |
Price($) | Vol. | No. |
---|---|---|
0.465 | 17867 | 9 |
0.470 | 20442 | 5 |
0.475 | 176383 | 2 |
0.480 | 1713 | 1 |
0.485 | 12000 | 1 |
Last trade - 10.33am 15/07/2024 (20 minute delay) ? |
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