First i totally agree with you that shorts are not causing any of stock slide. Those who think so are not looking at numbers and thinking.
That said as of APR 3 the last day we have info for there were 20.47M shares shorted Divide 933.8 M shares outstanding = 2.19% Not .08%
This is not enough to effect SP at all especially since in the last month We have not gone above 2.34% or below 2.00%.Absolutely no way this could ever cause a short squeezy it takes close to 10 % shorted to even think about a squeeze.
Ann: Becoming a substantial holder, page-17
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Last
$7.67 |
Change
0.055(0.72%) |
Mkt cap ! $7.159B | |||
| Open | High | Low | Value | Volume |
| $7.67 | $7.78 | $7.63 | $3.073M | 400.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2479 | $7.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.67 | 1687 | 16 |
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| Last trade - 11.50am 07/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |