Thanks for the input Inchiquin, I had considered the possibility of currency and interest rates and discounted those given the price movements of other shares that I am invested in or follow. Had it been one of those I would have expected to see broader moves whereas this move seemed to be much more limited in scope.
Looking more broadly I had thought perhaps the US crop may have started hull split earlier than usual which would point to an even smaller crop size however no indication of that.
For me, I think it most likely comes down to a re-rating by brokers or short selling being unwound as the most likely culprits for yesterday's jump.
USA Report, page-224
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Last
$3.98 |
Change
-0.120(2.93%) |
Mkt cap ! $481.8M | |||
| Open | High | Low | Value | Volume |
| $4.10 | $4.10 | $3.98 | $1.002M | 249.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1454 | $3.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 201 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SHV (ASX) Chart |