It's all retail, and I am not sure it is just about shorting- it's sentiment. Here's an article from AFR Street Talk (you can access if a member, or it will be in tomorrow's paper copy). It says most of the big retails are at one year lows, GFC lows, or all-time lows (Myer):
http://www.afr.com/p/opinion/retailers_brace_for_tougher_times_epnPAoVgTSUmfwmS5QxuEM
Retail is a hard space right now. Deutsche Bank, from the article, says retails might be a buy right now, because they are so low in share price.
shorters trashing a good company, page-7
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Last
$80.46 |
Change
-1.540(1.88%) |
Mkt cap ! $8.875B | |||
| Open | High | Low | Value | Volume |
| $81.09 | $81.71 | $80.21 | $12.52M | 154.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37 | $80.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $80.48 | 81 | 6 |
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| Last trade - 13.36pm 09/09/2024 (20 minute delay) ? |
| JBH (ASX) Chart |