Well, it doesn't seem to be a shorter. No shorts left in ARQ after Friday:-
http://www.asx.com.au/data/shortsell.txt
As sushi was pointing out for the first half of the year, the selling pressure was coming from lively shorting activity. Now, there's none left. [Some of them must have taken second-degree burns from $1.30 up.]
Therefore, it's logical that someone taking profits, not trying to suppress. If volume keeps running at 5m per day, they will have to be out before long.
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $41.69M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.0¢ | $20.07K | 150.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8603 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 59825 | 4 |
View Market Depth
| Last trade - 14.03pm 07/07/2025 (20 minute delay) ? |
| 5GN (ASX) Chart |