It closed at $6.86 on 29th Dec 2016 and is currently $5.24 as I type.
So since 29th Dec $119 Million has been wiped off the Market Cap.
The shorts are targeting the shares big time causing the stock to now be way undervalued.
There is not much we can do until the half year results come out when hopefully the results will be good.
I'm hoping for strong Food division results due to increased sales to China plus conformation that the harvest will be around 15MT. I'm also expecting lower costs due to reduced water costs.
If we get that the shorts will get smashed and they will get what they deserve.
It closed at $6.86 on 29th Dec 2016 and is currently $5.24 as I...
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Last
$4.19 |
Change
-0.050(1.18%) |
Mkt cap ! $507.2M | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.25 | $4.14 | $738.3K | 176K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1082 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.22 | 2505 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| SHV (ASX) Chart |