Well shorters are still receding as SP pressure is sustained. Might even be a bit more SP squeeze available there if another genuine buyer has a tilt before the shorts have exited gracefully. The percentage has reportedly dropped one percent (a bit over 3 million shares) since the 2 July and the 10 day average of trading volume has stayed around a around 1.5 million. There has been some churn of shorts I believe which might have been to pressure the SP down and/or just reflecting the mixed sentiment.
I think it's established above $3 now for the foreseeable future. Not much to push it back down as shorts back away and NAN reconfirms its management credentials and growth prospects. May take a few more dips over the year but the company keeps delivering so I don't expect many more bargain SP opportunities like April for a while.
All IMHO
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Last
$3.59 |
Change
-0.060(1.64%) |
Mkt cap ! $1.089B |
Open | High | Low | Value | Volume |
$3.65 | $3.68 | $3.57 | $1.250M | 344.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2910 | $3.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.62 | 447 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2910 | 3.570 |
3 | 6150 | 3.560 |
2 | 3357 | 3.550 |
2 | 3409 | 3.540 |
2 | 3409 | 3.530 |
Price($) | Vol. | No. |
---|---|---|
3.620 | 447 | 1 |
3.630 | 447 | 1 |
3.640 | 3357 | 2 |
3.650 | 3357 | 2 |
3.660 | 3357 | 2 |
Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
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