Covering is buying. Buying that decreases the number of shares which makes the stock go up. the fact it is going down inspite of covering indicates how large the sell preasure is. So how does your coment make sense?
they are still covering, page-2
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Last
$6.09 |
Change
-0.175(2.80%) |
Mkt cap ! $5.851B | |||
| Open | High | Low | Value | Volume |
| $6.14 | $6.15 | $6.07 | $12.73M | 2.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5411 | $6.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.09 | 9609 | 27 |
View Market Depth
| Last trade - 10.43am 19/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |