NWH 0.26% $3.89 nrw holdings limited

Bullish Sign? - Bounced off 200 EMA, page-2172

  1. 5,305 Posts.
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    Interesting that if you remove the special trade today the volume was only 355,248 shares.

    Also @Parma in respect of your query around why the price has been so low take a look at this image of shorting volume at NWH from https://www.shortman.com.au/stock?q=Nwh

    nb What comes next is maths so someone else should confirm it .....
    I drew a line on the image below at 9 August because from that day I estimated greater than 7.5 million shares were traded via a dozen special coded parcels ( all noted on this thread but one image not posted) counting today .

    Also: including today’s volume of 878,009, I estimate total volume from 9 August as 12,407,033.

    If you remove the special trades I have counted volume drops to 4,907,033

    I don’t know what today’s short sales are expected to be, but without them gross shorts since August 9 were 1,095,511.

    If you remove the short sales from volume-less-counted-special-trades, volume drops to 3,811,522.
    Which over the nine days is an average volume of 423,502 shares a day traded as neither shorts or specials

    - except my figures are erroneous ie I have not counted shorts for today and the special trades probably add up to something much higher .

    Soit is logical to assume the price is being/has been held down via low profit short sales so someone can acquire large parcels at constrained prices ......

    In my opinion this bodes well for future growth.





    73521238-D636-479B-80B1-935834B25CC3.jpeg
    Last edited by sabine: 21/08/18
 
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