Spot on @retrac the price is held in my opinion you only have to look at the incessant shorting anywhere between .9% up to 15% of the daily volume each day every day for the last 12 months ! I wonder how HELIKON amassed some 20 plus million shares from Q4 last year without shorting . PC sold 3 million shares (of course he is entitled so to do) at $2.80 End Oct 21 I think , look at the share price today $2.03 and about to go sub $2 so the shorting is apparent . The markets are helping the shorter with serious drops globally so I wonder where the bottom is.
As @seventhseal mentioned drilling results are due sometime maybe in the next 3 months and they might be strong however IMO the amount of shares thrown at such an announcement to keep the price down/depressed will be interesting.
There isn’t many posters these days so I guess a lot have moved on hope fully at much higher levels . Without doubt the orphan period has provided a fantastic opportunity for the shorter/s .
As always happy to be corrected although the figures don’t lie.
Gltah
H.P.
Spot on @retrac the price is held in my opinion you only have to...
Add ADT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.51 |
Change
-0.130(2.80%) |
Mkt cap ! $1.161B | |||
| Open | High | Low | Value | Volume |
| $4.64 | $4.64 | $4.42 | $4.404M | 968.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 880 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.54 | 360 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$4.51 |
Change
-0.130 ( 1.71 %) |
||||
| Open | High | Low | Volume | ||
| $4.62 | $4.62 | $4.43 | 209658 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ADT (ASX) Chart |