This is all good, my reasoning:
1) I think a lot of retail have moved into SGH because of the potential for quick (and more) upside if things are half reasonable.
2) @bruutz82 is most likely right - instos / traders and shorters are trying to bash down price so to flush out scared retail - there's not too much left to shake out. Fear is the tactic
3) I'm hoping there won't be a huge gap up on Ann that will need filling. Slow and steady is the sign of a stable stock with low underlying risk
4) PPT will have spotted the bargain with low risk.
Shorters BBQ, page-31
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Last
70.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $121.2M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 70.0¢ | 70.0¢ | $3.796K | 5.423K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 550 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 3000 | 1 |
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| Last trade - 15.29pm 12/07/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |