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.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.20M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $7.558K | 55.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 52256 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 74628 | 2 |
View Market Depth
| Last trade - 15.44pm 04/07/2025 (20 minute delay) ? |
| 5GN (ASX) Chart |