Worth also mentioning that shortman's list of most shorted stocks are mostly tech stocks with no earnings or nosebleed PERs, or also that PDN has a 5.08% short interest.
Our teeny short interest is probably just some insto shorting a basket of no-earnings tech stocks into which we've been lumped.
There is also the bear case for Uranium producers, which basically says that U3O8 is relatively common, so as governments reduce the restrictions on Uranium mining to fuel the massive demands that are in the pipeline, new producers will cause the price to crash. This scenario is not beyond the realms of possibility, but it isn't something that I personally think is going to happen.
Overall, I'd be extremely surprised if anyone was shorting SLX for stock-specific reasons. It's almost certainly a reflection of some fundie's macro opinion.
Nuclear Power Related Media Thread, page-3071
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Last
$5.72 |
Change
0.555(10.8%) |
Mkt cap ! $1.330B | |||
| Open | High | Low | Value | Volume |
| $5.60 | $5.80 | $5.50 | $2.294M | 403.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1054 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.72 | 748 | 7 |
View Market Depth
| Last trade - 11.43am 18/11/2024 (20 minute delay) ? |
| SLX (ASX) Chart |