Shorting activity has stepped up since Jan 2021, not that it is a huge amount at 0.08% of shares being shorted (ShortMan website). Makes sense to drive the price down to buy in at a lower price, especially if there is some good news on the short term horizon, increases the short term gains then...
It's unfortunate about the price decrease in recent weeks, makes me consider selling, although I am still comfortably green with NOX, and have no need to sell.
Finally, today is the highest trading volume for the past month, so this push is definitely a deliberate measure. Whether it has anything to do with the recent announcements and the mail that arrived in the post yesterday is another question again (extraordinary general meeting)...
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Last
6.7¢ |
Change
0.001(1.52%) |
Mkt cap ! $19.57M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.7¢ | $818 | 12.21K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17790 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 4049 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17790 | 0.067 |
1 | 24715 | 0.066 |
1 | 15000 | 0.065 |
1 | 10000 | 0.064 |
1 | 100000 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 4049 | 1 |
0.079 | 11999 | 1 |
0.080 | 12099 | 2 |
0.081 | 22345 | 2 |
0.090 | 52000 | 3 |
Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
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NOX (ASX) Chart |