Hi Bunn, I tend to agree with you in that you have to measure shorts not as a % of total register but as a % of daily traded stock. Having been on the receiving end of shorting at ADN I can vouch what shorts can do.
Having said that I doubt there will be shorting here personally - why, well management here is known here to buy shares on market and a shorters worst nightmare would be say TG buying 2 million on market when shares been traded are low. That is the key difference IMO with shorter philosophy - problem at ADN for example is management did not buy on market to stifle the shorting in the first place. I doubt shorters would short LTR with such a risk potentially overhanging any short.
The other day I posted in the peer comparison thread around WOF/DMS/DMS combined with floatation, and commented on a few lithium stocks in a peer comparison thread as well, given I believe most people still don't get why one is preferred over the other - Post #: 54283727.
All IMO
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Last
84.0¢ |
Change
0.005(0.60%) |
Mkt cap ! $2.037B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 86.5¢ | 80.0¢ | $8.710M | 10.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 110884 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 213383 | 11 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |