I'm not 100% sure if I'm answer your question bud, but from what I can make of it when the stock price drops like it has the shorts will start covering the positions as the likelihood of a further drop is unlikely.
Theyve made their money and plenty of it.
Now as the market turns for the better and there's a few days of green, it givens them a tolerance to work with again and they'll flood to shorten the SP.
General Discussion Topics, page-94403
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Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.7¢ | 3.4¢ | $8.754M | 249.3M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 4706070 | 7 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |