Think of their short position as a long position, why would you cut a long position to buy back in at the same price if you knew the price was going to continue up? You'd just wreck your avg cost and invoke a whole lot more risk on your money. The buying pressure would be the elusive announcements.
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Last
3.3¢ |
Change
-0.001(1.52%) |
Mkt cap ! $334.5M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.3¢ | 3.2¢ | $48.26K | 1.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 181 | 34411589 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 2896142 | 36 |
View Market Depth
| Last trade - 11.07am 09/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |