What's with the huge sell order at 40c? It appeared and disappeared yesterday with most trades going through below it. Shorters placing it there, forcing sellers to go below it, then buying stock from them to cover their shorts?
I used to think being heavily shorted was a good thing when the tide turns as there needs to be a lot of buying done, but it appears that it is being held down from where it should be while the covering takes place (PDN should be trading higher based on U price)?
What's with the huge sell order at 40c? It appeared and...
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Last
$13.80 |
Change
-0.190(1.36%) |
Mkt cap ! $4.125B | |||
| Open | High | Low | Value | Volume |
| $14.10 | $14.10 | $13.67 | $13.15M | 953.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 17228 | $13.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.81 | 2425 | 2 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |