Short interest has rebounded a couple times from this 9% mark, getting it under 8% would be ideal. Regardless, seeing shorts closed and not opened/kept open (so far) in a fearful market like this signals to me that they aren't expecting the price to fall further.
SYA double bottomed off 0.205 - There's a potential bull case for a blow-off top in the markets before an ugly collapse, if this lines up with upcoming catalysts we could be seeing the burden of shorts lifted and some nice price appreciation.
General Discussion Topics, page-93061
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $236.7M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $87.26K | 3.872M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 7147514 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 6900415 | 19 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| SYA (ASX) Chart |