Generally shorts on the rise for a long term hold would not be good. Shorting is essentially profiting on the SP going down.
However, having a shirtload of short positions having to cover after a Trading Halt, astronomical results, and SP boosts in a vertical fashion, would be a very good thing
Why IMU is a multi multi bagger, page-13858
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 4.9¢ | 4.8¢ | $328.5K | 6.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 5443565 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 2171910 | 5 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |