Yeah, they can try. But, it's down to supply and demand.
You know two can play this game.
If a SH doesn't have to sell in a hurry, and you know that the demand is there - wouldn't you wait for a better price before you sell? So the seller has time on their side.
Conversely, if a shorter has to buy back to close out an outstanding short position, with the pressure of a rising SP - wouldn't you nudge upwards to ensure that you get the required volume? The shorter doesn't have the luxury of time.
Yep - the old supply and demand equation.
Bring it on - I'm watching for the 15%
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Last
$1.79 |
Change
0.065(3.77%) |
Mkt cap ! $2.291B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.81 | $1.70 | $7.807M | 4.430M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39187 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 12767 | 4 |
View Market Depth
| Last trade - 16.10pm 17/07/2025 (20 minute delay) ? |
| MSB (ASX) Chart |