KAR 1.13% $1.75 karoon energy ltd

strong reduction on shortselling - kar, page-2

  1. 7,294 Posts.
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    Maybe some people can ask to thgeirselves..Whats is going on ? Why we drop ?(please present to me 1 single real reason!)

    I can't answer with 100% safety,but I can answer based in real and factual events.

    The market was 100% normal today until a moment "somebody" place an order to sell 6000 shares at 5.50.

    That was a clear bullie tactics to force the price down.
    The only person (considering no shortsellers) could be interest in that? The BUYERS.Real buyers.

    But than I placed an order 5000 to buy at 5.80.
    In seconds this "somebody" disapear with his offer.Meaning ?

    This mini-panic to force small holders sell their shares just works in a very small level. In whosale volume has no sellers to this buyers.

    Interesting see also the "scare" of the general medium buyers.
    Probably looking such volatilities they feel scare to buy at that price...ore prefer to look a little bit more the day ..

    well welll I bought another lot between 5.54 and 5.58.
    proudly,confident and I repeat my old statement...

    When you have clear mind of "final target price" (10-11-12) if the shares very 10 cents is irrelevant.

    Who doesnt take advantage of this prices I'm positive will think about in less than 1 month (if not in less than 48 hours)

    Good day everybody (inclusive to the guys that sold me the shares..Thanks for that!)

 
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Last
$1.75
Change
-0.020(1.13%)
Mkt cap ! $1.405B
Open High Low Value Volume
$1.78 $1.79 $1.74 $5.751M 3.281M

Buyers (Bids)

No. Vol. Price($)
1 10000 $1.74
 

Sellers (Offers)

Price($) Vol. No.
$1.75 7996 1
View Market Depth
Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
KAR (ASX) Chart
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