Not if they buy a call option too. the short position is a funny one. price goes up and so does the shorts. Ive said it before, i think its a large position hiding in shorts offset by call options. Pretty sure it goes undetected this way.
Just a thought
Friday thoughts IMU, page-97
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.7¢ | $2.298M | 47.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1925982 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 3452098 | 12 |
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| IMU (ASX) Chart |