So with the recent cap raising, makes me wonder if the big sell off over the last few weeks was really from SBM being shorted, or people in the know of the up and coming cap raising selling off. Or a combination of both.
I see a few people predicting a share price close to 40cents when the halt is lifted, but, if SBM was shorted so heavily, surely that would be the time to repurchase those shorted shares.
Any thoughts ?
Cheers,
Valmet.
So with the recent cap raising, makes me wonder if the big sell...
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Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $278.2M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 34.0¢ | 32.5¢ | $291.8K | 873.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 69358 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 730566 | 10 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |