“… then shorters couldn't give a stuff about the rise in the lithium price and are holding on in anticipation of a greater decline in the share price down the track”
If the share price of PLS continues to go up, all the short sellers will collectively get margin calls and will be politely but sternly told to stump up more money or buy some shares on market to cover. Or that their broker will do so on their behalf if they fail to do so.
There’s no rally like a short squeeze rally.
Bring it on!
Good News & Bad News, page-39590
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Last
$3.32 |
Change
-0.090(2.64%) |
Mkt cap ! $9.992B | |||
| Open | High | Low | Value | Volume |
| $3.35 | $3.41 | $3.31 | $89.32M | 26.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 294146 | $3.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.32 | 107033 | 5 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
$3.30 |
Change
-0.090 ( 4.20 %) |
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| Open | High | Low | Volume | ||
| $3.35 | $3.41 | $3.30 | 11110521 | ||
| Last updated 16.03pm 13/06/2024 ? | |||||
| PLS (ASX) Chart |