Actually skribbler I disagree with you there - the total amount of shorting is 0.2% or $400,000 worth. In the grand scheme of things that doesn't move the SP by 20%.
If I recall, NMT bought back 20m shares (or about $6m worth) earlier this year and it had no appreciably positive impact on the SP.
I just think the air has come out of the lithium bubble a bit.
As stormynormy says the most sensible thing to do right now (assuming you believe in the long term potential of NMT) is just to sit on your shares.
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9.0¢ |
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2 | 30000 | 0.086 |
1 | 27000 | 0.085 |
1 | 32000 | 0.083 |
2 | 180000 | 0.081 |
Price($) | Vol. | No. |
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0.091 | 50000 | 1 |
0.095 | 54927 | 2 |
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