Thought I'd look at the Shorts - Shortman - none & then:
Two days of petty cash Shorting:
Daily Gross Short Sales reported for 20-Aug-2024, ASX Limited (ASX) & Cboe Australia (CXA)
1
ACFACROW LIMITEDFPO 3,156
Daily Gross Short Sales reported for 21-Aug-2024, ASX Limited (ASX) & Cboe Australia (CXA)
1
ACFACROW LIMITEDFPO 12,704
Great Insight for these two days of Shorts to appear in the 2 Days prior to today's activity!?
Be interesting to know who is behind these & if they are playing within the rules!?
On the other hand, someone knowing a large SHLDR may dump today! Perhaps nothing to do with the report!? Just a large SHLDR perhaps wanting out?
Have ACF done some housekeeping having absorbed new business, now set up to deliver on their business plans as a Niche player in a growth area, largely driven by Govt. activity in developments (large pipeline unlikely to disappear!) & the sizeable influx of immigrants creating more demand!?
Anyone that bought in the past 6 Months is under water, presume plenty of holders bought at below today's pullback & may still be prepared to let some go!? Others may have been encouraged to limit their loss!?
Is the big dump coming to an end OR have the sellers more to shed?
ACF Price at posting:
$1.00 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)