if you think about 20% short interest , they have to buy back billions , most top 20 shareholders are not traders so that eliminates a large percentage of tradable stock , then add to that pls is asx 50 company so any uptick in price results in more etf buying if they buy back they drive up share price , any uptick in lithium results in general market buying , the shorters are in a real pickle and need a black swan even to cover or lithium which is at a low price to drop significantly imho
Good News & Bad News, page-43044
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Last
$2.98 |
Change
0.000(0.00%) |
Mkt cap ! $8.971B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $3.06 | $2.90 | $69.52M | 23.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1139657 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 57305 | 5 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |