ASX short sales show SFR is under attack as is SBM et al. Not surprising considering their great recent runs and the fall in commodity prices of late.
Good short attacks are generally only sustained where debt levels are high or cash flow is weak; SFR exhibit neither so my approach would be to anticipate a short covering rally soon.
SFR TA, page-56
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Last
$10.38 |
Change
0.170(1.67%) |
Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.31 | $10.40 | $10.29 | $1.432M | 143.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 603 | $10.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.38 | 2491 | 7 |
View Market Depth
| Last trade - 10.20am 22/11/2024 (20 minute delay) ? |
| SFR (ASX) Chart |
