Unfortunately Frankfurt mirrored ASX overnight, just over 10% down with comparatively high volume for the day (for Frankfurt, where not much VUL is ever traded!).
On the positive, daily reported shorts sharply declined on Monday, though - due to the lag - aggregate short reporting to 10 May still appears higher at 5.44% (and it’s not taking into account yet the add-in of the new shares on issue which occurred this week either).
Has anyone come across any updated broker/analyst research or detailed commentary post-equity raise a fortnight ago, or even post-DFS release a couple of months ago? It seems quite sparse and by now I would’ve expected to see more analyst updates and comments. Just trying to better understand what is driving this selldown from someone credible who is not an anon short/bear/pest posting here.
VUL megathread, page-5951
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Last
$4.17 |
Change
-0.090(2.11%) |
Mkt cap ! $784.7M | |||
| Open | High | Low | Value | Volume |
| $4.16 | $4.31 | $4.11 | $1.001M | 238.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5074 | $4.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.18 | 133 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| VUL (ASX) Chart |