I don’t think you understand my point. I’m trying to suggest the buyer of the company will cover the shorters losses from the difference in the final price (actual value if ghe SP had not been screwed with) they have to pay to do the TO. Also don’t forget the buyer had about 2% before the SP shot up so they made a nice profit from the shorts as well which they may pass on the the shorts kisses as well. Seems like a very simple formula to me.
Is a short.squeeze and.sharp.share.price.increase.on.the horizon for CXO, page-13
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 (20min delay)
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.3¢ | $1.220M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 6252092 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 695532 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |