Thats complete BS imo. Potential Future earnings will always be a component of current valuations for any stock.....to say otherwise is illogical. ....and there is simply no justification re shorters actions. Shorting is simple manipulative behavior based on greed, it has zero to do with the "true value" of LTR or others.
The market dictates the SP, simple, and unfortunately that includes shorting behavior.....but one could just as easily say LTR was undervalued at $2, it should have been say $4???
You dont hold, so you needn't worry.
ASX Today, page-20779
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Last
83.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 85.0¢ | 80.0¢ | $12.15M | 14.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 263169 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 338091 | 8 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |