NWH 0.77% $3.95 nrw holdings limited

Hello Mr subtle but not insignificant. I appreciate your post ....

  1. 5,305 Posts.
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    Hello Mr subtle but not insignificant.
    I appreciate your post .
    Coincidentally that’s me down there at the support line.


    I do not expect the order to be filled although I just read the eager buying yesterday was more than 70% from shorters obviously enjoying having some higher prices to sell into.https://www.shortman.com.au/stock?q=Nwh
    (They sold 1,144,088 shares of 1,627,437 traded - highest volume since the day before the December 19 price crash - so there may be at least a million of them wandering around at the moment anticipating another dump ?)

    I also notice on the bid board there has been a change;
    NWH’s roving ‘line marker’ umpiring price with two orders in the last several weeks has divested themselves of about 15,000 shares.
    Previously the always-out-of-reach buy orders and sell orders were for around 57,000 and 59,000 shares but now the bid is for 42,000 plus - just over the lower support line at $1.595, and the sell for 43,000 plus is sitting 2.5 cents over your $1.67 resistance level.

    So I guess with a horde of shorted shares out there waiting to close (as low as possible?) and not so much volume in front bar the fake bid, my order will be a sitting duck once they move the ‘decoy’ (which they have now bumped up to $1.62 ) .
    Last edited by sabine: 08/01/19
 
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Last
$3.95
Change
0.030(0.77%)
Mkt cap ! $1.574B
Open High Low Value Volume
$3.97 $3.98 $3.92 $2.104M 533.0K

Buyers (Bids)

No. Vol. Price($)
5 14160 $3.93
 

Sellers (Offers)

Price($) Vol. No.
$3.95 10387 3
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
NWH (ASX) Chart
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