PLS 0.00% $3.11 pilbara minerals limited

Why is PLS so short sold?

  1. 37 Posts.
    lightbulb Created with Sketch. 8
    I'm new to most of this and while I do understand short selling I can't figure why we are so short sold. Construction is finished, commissioning is under way, sales contracts are signed and we have a large increase in reserves. Surely the SP should be going up. What is the attraction to short selling PLS?
 
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$3.13 $3.18 $3.08 $89.18M 28.54M

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No. Vol. Price($)
21 940080 $3.10
 

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Price($) Vol. No.
$3.11 223576 6
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Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
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