Do I understand this correctly? The shorters sold up to $1.25, then 2.5% bought back at prices down to about 85c. Hence $1,250,000,000*2.5%(($1.25-0.85)/2) =$6,250,000 profit. Inna word, better than me. Good effort. Can't understand why, with that buying, share price is not stronger.
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Last
$3.00 |
Change
0.125(4.36%) |
Mkt cap ! $8.954B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.10 | $2.95 | $79.25M | 26.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 332550 | $2.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 79859 | 27 |
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| Last trade - 15.07pm 26/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |