SPK spark new zealand limited

SP dropping below $4.00 hurts, page-60

  1. 1,152 Posts.
    lightbulb Created with Sketch. 173
    Yes, trading volumes last few days have been massive @WAIMO70:

    https://hotcopper.com.au/data/attachments/6484/6484399-771d0fbd32327bf2b18201e4ce7c3f37.jpg

    Numerous cross trades indicating institutions and wholesale investors are active. We are yet to see any changes to the register, however only Black Rock (10.1%) and JP Morgan (8.38%) are above the 5% threshold.

    Spark has certainly been beaten down. It now ranks 2nd as the most oversold stock:
    https://hotcopper.com.au/data/attachments/6484/6484578-1a3af4d598301de9f42094e8f7c8c9f9.jpg

    Unfotunately sellers are still in control and shorts continue ticking higher (short positions have increased 68% since results release):

    https://hotcopper.com.au/data/attachments/6484/6484631-4529badfdca07cd7f178f8b9cfbcb9ac.jpg

    Clearly the market does not see value at current levels nor is it convinced on the guidance.

    https://hotcopper.com.au/data/attachments/6484/6484654-f556ce87693bd9a40039b242ec039adc.jpg


 
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(20min delay)
Last
$2.17
Change
0.030(1.40%)
Mkt cap ! $4.099B
Open High Low Value Volume
$2.18 $2.19 $2.16 $2.500M 1.149M

Buyers (Bids)

No. Vol. Price($)
2 3925 $2.16
 

Sellers (Offers)

Price($) Vol. No.
$2.18 46007 6
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
SPK (ASX) Chart
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