On 5 Dec, the short sale level was massive. 0.33% of the issued capital was reported as short sold for the day. It is big because it's just for the day.
IGO IGO LIMITED FPO 2,536,078 757,267,813 .33
2,536,078 shares out of the typical volume for the day about 6.5m shares traded. So, nearly half of the shares were shorted! No wonder why it ended at the lowest point for the day and for 2 years.
Today IGO goes up by about 3% and seems to hold. Nothing is sure but a bottom may be forming.
The mentalist, page-52
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Last
$5.99 |
Change
-0.060(0.99%) |
Mkt cap ! $4.536B | |||
| Open | High | Low | Value | Volume |
| $6.06 | $6.07 | $5.92 | $15.40M | 2.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9419 | $5.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 19811 | 2 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| IGO (ASX) Chart |