I think it’s more like a gamble on the pog this week.
Maybe the shorts have dropped away.
Could be a set up for a swing trade.
Probably better gains to be had swing trading now over shorting especially if pog recovers a little and pending divvies, there is incentive there to buy atm.
The sp/mc has been hammered they could be de-risking by not having to cover incase it gets some legs, just sell for profit on the upswing.
Why is NST the third most shorted?, page-173
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Last
$13.80 |
Change
-0.360(2.54%) |
Mkt cap ! $15.85B | |||
| Open | High | Low | Value | Volume |
| $13.98 | $14.01 | $13.71 | $57.80M | 4.184M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $13.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.80 | 1353 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| NST (ASX) Chart |