its closer to 8% at the moment.
im guessing you have all noticed the stability/smoothing of the share price recently? this is a result of the hedging and the deal made with BOA.
hence making Z1P a pain to short as the sp does not come down as quick as they would like. LD did this specifically to fight the shorts back. shorts have ruined z1p when cap raising and sh value. so he is taking drastic measures.
Yes, retail traders are the biggest problem, its not really the shorts. tracking the broker data, one they are biggest buyer the following day they are biggest seller. can they be blamed? im not sure. perhaps they are made up of burnt people.
Previously MS being a big bull on Z1P has recently become pulp hands.
all its going to take is some solid TANGIBLE positive news, and the shorts will be on fire.
one thing that bothers me is how the market reacted to APT news of dual listing. that was strange
its closer to 8% at the moment.im guessing you have all noticed...
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Last
$1.36 |
Change
-0.020(1.45%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.34 | $24.60M | 18.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45993 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 386131 | 13 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |