@Balduran did some analysis, and it seems most of shorts were taken below the current price.
https://hotcopper.com.au/threads/total-short-share-outstanding.5983043/page-455?post_id=53502657
most of todays trade was above what they were taken. Unless the price drops, these shorters are in trouble.
General Discussion, page-513
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Last
9.9¢ |
Change
0.003(3.13%) |
Mkt cap ! $44.94M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.9¢ | $9.923K | 99.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 299999 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 23736 | 1 |
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| Last trade - 15.40pm 09/08/2024 (20 minute delay) ? |
| EGR (ASX) Chart |