hanky wringers? this stock has a high probability of being controlled by Challenger
they just released an increase in shareholdings by 6.8 million shares as the number of shares shorted increases to over 10 million as of last wednesday.
https://asic.gov.au/Reports/Daily/2018/08/RR20180815-001-SSDailyAggShortPos.pdf
another 300k shorted yesterday, this is entirely manipulation imho.
short stock while buying, then buy back at lower price. set the computer and away you go.
either Challenger are still buying or trying to lower SP via shorts to reduce overall buy price.
IMHO only of course.
Today's chart & trading, page-693
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |