A Shorter borrows shares and then hope the SP falls so they can buy in at cheaper (lower Price) and then returns the shares to the owner.
The Shorter pockets the difference.
Please research Investopedia web site.
It is very helpful.
Cheers
SS
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-1310
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Last
$1.00 |
Change
0.035(3.63%) |
Mkt cap ! $2.425B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | $1.02 | 97.0¢ | $15.30M | 15.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 92465 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 20810 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |