Yesterday, the short sale was 1,352,076 where. This was a bit less than 1/2 of the number the day before. When the majority of the shares sold was shorted, it's a pure gamble for the short sellers. This actually creates opportunity for the retail long to enter at a great price. Take this as a gift from the hedge funds! They try to make money by crashing the share price. They put up billions to to do this across the entire lithium sector. They are effectively borrowing shares and selling them cheaply to willing buyers.
We will see if they will force IGO to stay under 7.42 and have a new low.
Mentalist123, page-69
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Last
$5.31 |
Change
-0.160(2.93%) |
Mkt cap ! $4.021B | |||
| Open | High | Low | Value | Volume |
| $5.40 | $5.48 | $5.29 | $18.53M | 3.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4388 | $5.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.32 | 13512 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |