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.
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Last
$3.90 |
Change
0.000(0.00%) |
Mkt cap ! $1.574B |
Open | High | Low | Value | Volume |
$3.90 | $3.91 | $3.88 | $327.7K | 84.18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4178 | $3.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.90 | 16857 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5058 | 2.370 |
4 | 18795 | 2.360 |
4 | 37687 | 2.350 |
1 | 7879 | 2.340 |
3 | 24992 | 2.330 |
Price($) | Vol. | No. |
---|---|---|
2.390 | 11634 | 3 |
2.400 | 71958 | 7 |
2.410 | 16085 | 2 |
2.420 | 19941 | 3 |
2.460 | 816 | 1 |
Last trade - 10.59am 28/11/2024 (20 minute delay) ? |
NWH (ASX) Chart |