Ausheds
Buying at 75c and then shorting the stock to 48c is not a strategy that occured to me. Why buy at 75c then sell at a lower price.
There will be a reckoning for the shorts. Of course some have already covered. They would have profited and appear to have moved on to their next victim. Thats why I think the low selling volume is significant. Its not just today either.
There has just been no buying support to force a decision to be made.
Maybe this shoting game is done at this price.
AushedsBuying at 75c and then shorting the stock to 48c is not a...
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Last
$5.95 |
Change
-0.030(0.50%) |
Mkt cap ! $5.561B | |||
| Open | High | Low | Value | Volume |
| $5.96 | $6.00 | $5.93 | $10.85M | 1.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19331 | $5.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.96 | 32024 | 7 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |