Hi dbd------------------ yours'... I don't even believe the short statistics anyway. Who would trust shorters to report accurate statistics of their positions ?'
I believe those words.............. and the 'watchdogs' of the market, in my opinion, have little idea of the correct position.
They rely upon the 'short' information being reported correctly !
From -an old memory (mine) I though one big hedge fund (?) was exiting the OZ market.......... And from the lodgements of 5% +- it was one of the biggest shorters..... Has it exited Yes/No ?? I have no idea.
Having worked in the market - many many years ago I believe WBT's current position (share wise) would place the, not so savvy shorters in a very dangerous position. Very dangerous..............indeed. A bad C A R E position = Cover Ass Retain Everything
WBT Chart, page-86
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Last
$2.48 |
Change
0.040(1.64%) |
Mkt cap ! $468.5M | |||
| Open | High | Low | Value | Volume |
| $2.46 | $2.56 | $2.46 | $579.1K | 230.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17272 | $2.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 6115 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |