Volume around 4 million, usual volume is about 1 million
So I doubt another big Volume day is on the way, considering this one was a pop out of the blue.
It may just be a quick snap to cover some shorts, I dont have access to live short intrest data.
But Id say some covering was done today.
Id say that the pro traders have access to who is short, and when a big player is closing shorts it would be a trigger to buy.
Mabe some $1 up days are on their way, but I guess it may be all about getting some of the big earners to take a 30% pay cut.,
That would help WOR meet the cost saving targets, so if the Cost savings targets are met. Its a plus.
The earnings projections are pretty dismal, so mabe it wouldnt take much to exceed those earnings projections.
Volume around 4 million, usual volume is about 1 million So I...
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Last
$13.86 |
Change
-0.120(0.86%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $14.11 | $14.16 | $13.86 | $12.08M | 868.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 13996 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 2900 | 1 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
