Yesterday out of 442,024 total volume, 336,427 was short sale (76%). So the big order at 0.205 was actually a short sale order to scare buyers but it has been bought up. Also accumulated shorts has been increased from ~45M to ~48M in last few days.
My take on from the data is only short sale is going through and there only few genuine sellers who might be selling for personal reasons OR stop losses are being hit. So either the shorts here are very smart and they know what we don't (including directors who are buying on market) OR they are nervous. If the later is true and a funding deal is announced, we should expect a real short squeeze and there is no much volume available on market to cover the 48M short. Might be able to cover above 60C.
Just my view and may be wrong
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $27.71M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $10.06K | 1.006M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1696820 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 288000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1696820 | 0.009 |
7 | 1106222 | 0.008 |
3 | 1890600 | 0.007 |
2 | 2250000 | 0.006 |
2 | 500000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 288000 | 1 |
0.012 | 1472500 | 1 |
0.013 | 1472500 | 1 |
0.015 | 181052 | 2 |
0.016 | 725000 | 2 |
Last trade - 15.59pm 09/10/2024 (20 minute delay) ? |
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