You're insinuating that all people "selling down" are short sellers or bears, and not just people who got in around a dollar and are making their way out with a nice 40-50% profit. Hell I was tempted myself!
There's possibly some shorting going on absolutely, I mean I'd be tempted at a 50% runup in such a short space of time to open a small short position, and almost did tbh. But I'd wager a good portion of selling is people taking a few profits. Also means more people buying at that level...gotta sell to someone.
Nice and healthly I'd hope overall, with a new base at around 130c or so. We'll see what happens though...time will tell!
THE SQUEEZE IS ON, page-1336
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Last
$1.06 |
Change
0.055(5.50%) |
Mkt cap ! $1.022B | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.06 | $1.02 | $4.911M | 4.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12950 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 54002 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| DYL (ASX) Chart |