The shorters may not be "punting on failure",when Meridian picked up their many millions of shares we had the same situation.Meridian picked up 14 or 15% of FAR shares and managed to keep the price down.
A masterfull effort imo.
I am inclined to conclude we have a similar situation now.
Thoughts on shorts, page-167
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.5¢ | 51.5¢ | $289.9K | 557.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1960 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 103276 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |