Based on the 17 July announcement shares (excluding options etc) shares on issue are around 70 million. So 0.72% of these shares that are stated to be shorted = roughly 500,000 shares.
If shares traded per day are 2.5 million shares, a per today, then covering 500,000 shares can be a big number (20%) on any given day, though I suspect the positions will be closed out over time. So probably a non-event pe se.
However, surprised that there is any shorting here at all - so the so called recent CR of sophisticated investors wasn't as sophisticated as some assume?
All IMO
- Forums
- ASX - By Stock
- SUM
- SUM Chart
SUM Chart, page-1190
-
- There are more pages in this discussion • 311 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SUM (ASX) to my watchlist
|
|||||
Last
23.5¢ |
Change
0.010(4.44%) |
Mkt cap ! $19.28M |
Open | High | Low | Value | Volume |
23.0¢ | 24.5¢ | 23.0¢ | $35.45K | 150.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 63866 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 84041 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12775 | 0.230 |
6 | 91088 | 0.225 |
5 | 57690 | 0.220 |
4 | 69450 | 0.215 |
4 | 38593 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 84041 | 6 |
0.245 | 130523 | 5 |
0.250 | 97158 | 7 |
0.255 | 15000 | 2 |
0.260 | 18995 | 3 |
Last trade - 14.16pm 26/08/2024 (20 minute delay) ? |
Featured News
SUM (ASX) Chart |