That's what we're all wondering.
FLT just put out a mostly positive trading update at the Macquarie Conference, SP is heading towards $21 today (after the Reserve Bank surprised the market with another 0.25% rate hike yesterday).
It will be interesting to see whether the shorts get a little froggy and start to jump - watch the short interest over the next few days.
Short squeeze, page-58
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Last
$19.91 |
Change
-0.030(0.15%) |
Mkt cap ! $4.400B | |||
| Open | High | Low | Value | Volume |
| $19.81 | $19.91 | $19.53 | $12.63M | 637.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2272 | $19.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.91 | 7714 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| FLT (ASX) Chart |