I think the biggest culprits are Goldman Sachs, UBS, HSBC.
On one hand they advise an overweight position but also lend the stocks to shorts, they are making money regardless which way the SP runs.
I used to work in a bank not long ago and I can assure you the left hand does not talk to the right hand, which is what causes this conundrum.
This sector CTD is in is in a downward spiral, don’t get overly attach to it, just looks at FLT and WEB and you will get a fair idea, and with the negative publicity won’t help either.
Not telling you to sell or buy since I don’t have the adequate licences , but don’t get attach to a stock.
Legal actions against VGI Partners, page-52
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Last
$14.01 |
Change
-0.080(0.57%) |
Mkt cap ! $1.780B | |||
| Open | High | Low | Value | Volume |
| $14.28 | $14.28 | $14.00 | $8.290M | 590.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7651 | $14.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.05 | 1136 | 1 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| CTD (ASX) Chart |
