These shorters are at (before open today) about 118m short and I reckon then bought back 8m today, I can’t see the quant fools give up just yet, no one in their right mind would be short based on the macro so it’s a reckless trade that they will pour good money after bad until they raise the white flag.
mgt should orchestrate a trading halt, deliver multiple positive announcements and watch the shorters unable to cover and be in breach of their loan agreements when the lenders want their stock back
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $467.5M |
Open | High | Low | Value | Volume |
26.5¢ | 26.5¢ | 25.0¢ | $1.899M | 7.371M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 464294 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 0.255 |
27 | 593478 | 0.250 |
19 | 1442160 | 0.245 |
21 | 911858 | 0.240 |
8 | 486426 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 464294 | 11 |
0.265 | 285990 | 6 |
0.270 | 484440 | 9 |
0.275 | 298762 | 7 |
0.280 | 215578 | 8 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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LOT (ASX) Chart |