I suspect a certain % of shorts is limiting downside risk.
In an industry that has seen falling profit margins and increased competition re Aldi, there is big risk.
Idk, I'm long, I think the shorters have confused mts with the wow model.
Short Squeeze - Phase 2, page-30
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Last
$3.12 |
Change
0.040(1.30%) |
Mkt cap ! $3.424B | |||
| Open | High | Low | Value | Volume |
| $3.11 | $3.14 | $3.10 | $5.662M | 1.815M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 80525 | $3.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.13 | 69371 | 65 |
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| Last trade - 14.53pm 08/11/2024 (20 minute delay) ? |
| MTS (ASX) Chart |