CXO 7.00% 9.3¢ core lithium ltd

How to screw over short-sellers, page-257

  1. 1,067 Posts.
    lightbulb Created with Sketch. 806
    Those who lent the shares bought them because they believe the SP will go up in the long term. Meanwhile they lend them out, get the fee, when price is low they buy cheap, then they get their original shares returned, causing a buying frenzy, and the SP goes up, to higher than at the start of all this. So now they have their original shares, plus the new ones they got cheap, SP is higher and they earned a fee as well. Lots of money there.

    They probably have paid mates on HC helping them to send the share price in the direction they want.

    They can do this over and over again.
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
9.3¢
Change
-0.007(7.00%)
Mkt cap ! $198.7M
Open High Low Value Volume
10.0¢ 10.0¢ 9.2¢ $2.498M 26.33M

Buyers (Bids)

No. Vol. Price($)
11 323514 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 483232 6
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.