That is not good for shorters, so I'm not sure why that is a justification. They want to sell high and buy back low - the lower the better.
Shorters short anything that seems wildly overvalued relative to its fundamentals, or companies that have a high likelihood of going bust.
Only desirable shares get shorted, page-6
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Last
$3.69 |
Change
0.160(4.53%) |
Mkt cap ! $1.119B | |||
| Open | High | Low | Value | Volume |
| $3.54 | $3.71 | $3.53 | $2.354M | 648.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1555 | $3.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.70 | 3450 | 1 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| NAN (ASX) Chart |