Lets see what the share price does Monday.
Why just Monday? - retail investors and fund managers don't focus on any one day except if they're buying or selling.
Monday may prove to be another buying opportunity but then what happens Tuesday - Wednesday, next Monday, 2 weeks from now, next month, end of this year?
If you believe they'll get through this and improve from the current situation then buying makes sense........if you believe they're going to go into administration or you are a shorter then sell...............choice is easy......if you intend to buy then you just need to accumulate on down days....if you intend to sell then pick a good day...if your a shorter try and create doubt and fear on HC and wherever else and try and push the sp down by dumping with "borrowed" shares...
My reading is that Asian hedge funds are the ones "lending" sto shares for shorters to dump because they're betting a CR will happen and they'll buy back in so even the hedge funds don't really want to sell Santos as ultimately they believe in the story - longer term..
Smoke and mirrors and which came first the chicken or the egg?
I intend to take more of these "borrowed" shares if they get below $4.60 again
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Lets see what the share price does Monday. Why just Monday? -...
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$7.94 |
Change
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Mkt cap ! $25.78B |
Open | High | Low | Value | Volume |
$7.97 | $7.99 | $7.93 | $47.72M | 6.006M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 67051 | $7.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.95 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 524 | 7.920 |
1 | 100 | 7.900 |
5 | 23815 | 7.880 |
2 | 8000 | 7.860 |
8 | 14483 | 7.850 |
Price($) | Vol. | No. |
---|---|---|
7.960 | 1267 | 1 |
7.970 | 210 | 1 |
7.980 | 29451 | 5 |
7.990 | 5197 | 3 |
8.000 | 111859 | 49 |
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