I have been hedging my position on the SPP for awhile now, but closed it yesterday when the S.P tanked to 6.85. I tried to re-open a short but by CFD trader put restrictions, which I suspect is a lack of stock to borrow.
Not sure what this means, whether they will keep the price up as they close their short positions on friday or whether it is an indication for a sharp fall?
I have been hedging my position on the SPP for awhile now, but...
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Last
$7.48 |
Change
-0.100(1.32%) |
Mkt cap ! $1.662B | |||
| Open | High | Low | Value | Volume |
| $7.50 | $7.55 | $7.47 | $3.279M | 437.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 401 | $7.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.48 | 363 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| GNC (ASX) Chart |