From 10% to 8%, there are 20 millions shares to cover. That will bring us back to 60 cents. Are you going to buy at 60 cents? The shorters will short it again and bring it back to 50 cents.
It seems to be a bottom now. The shorters are not interested to short at this level. 3% of daily shorts is nothing. At 60 cents, you buy I sell.
short transaction on march 27, page-6
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Last
$12.48 |
Change
0.060(0.48%) |
Mkt cap ! $3.724B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $12.76 | $12.26 | $26.57M | 2.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6286 | $12.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.48 | 5038 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |