Hi @Kmtw
Here is the latest:
Shorts are there to take advantage of Magellan management mis-steps and do not push prices one way or the other, as you said they have to be unwound at some point.
Sometimes the volume of shorts increasing can signify something that the general market is unaware of.
Best of Luck
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- Undervalued & technically oversold
Hi @KmtwHere is the latest:Shorts are there to take advantage of...
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Last
$8.55 |
Change
0.050(0.59%) |
Mkt cap ! $1.545B |
Open | High | Low | Value | Volume |
$8.54 | $8.58 | $8.49 | $3.050M | 357.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4695 | $8.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.55 | 785 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4123 | 8.530 |
1 | 1603 | 8.520 |
4 | 6917 | 8.510 |
1 | 1603 | 8.500 |
2 | 4044 | 8.490 |
Price($) | Vol. | No. |
---|---|---|
8.550 | 785 | 1 |
8.570 | 1603 | 1 |
8.580 | 4283 | 6 |
8.590 | 8325 | 4 |
8.600 | 16150 | 9 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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MFG (ASX) Chart |
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Adrian Costello, Executive Director
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