Agreed. Panic buying by commercials started it, imo, and the shorts got caught out and caught up in it which v.likely created an incredible feedback loop which compounded/exacerbated the upward NP action.
Not a primary short squeeze, imo, but the shorts amplified it.
The highly motivated commercial buyers may very well not be done yet.
(Our time zone is basically the o/night market and we'll have to wait for EU to open before getting a real sense of what comes next.)
PS. @freakme, Yep, "He" is AF.
Volume, page-904
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Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $16.71M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $3.993K | 859.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 64320256 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6658037 | 19 |
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| Last trade - 15.49pm 26/07/2024 (20 minute delay) ? |
| POS (ASX) Chart |