"I actually think these guys are running out of shares to dump."
Shorters can sell more than the allotted shares held by a company. This happened when BTA went to the USA and they couldn't provide script to cover the short sales( I don't know what the outcome was of that) . So the shorting can carry on for a long time, saying that it doesn't appear to be shorting that is holding the Company back. I would guess that there may be better options out there to park money in other stocks! When Alk does take off I think it will take everyone by surprise and I don't think it's too far off( fingers crossed).
CONFUSED
China's stranglehold on REE's offers opportunities., page-24
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Last
51.5¢ |
Change
0.015(3.00%) |
Mkt cap ! $311.6M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 53.0¢ | 51.5¢ | $459.0K | 880.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33209 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 50519 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ALK (ASX) Chart |