When you short you sell at a high price with the expectation of buying them back later at a lower price
They have sold in at $3 or thereabouts and would expect to buy them back later cheaper - if the price goes up they will be forced to buy them at a higher price and they will get burnt
If they go down they buy them back cheaper and make a profit - up to them how they cover
Ann: Change in substantial holding, page-14
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Last
93.5¢ |
Change
-0.050(5.08%) |
Mkt cap ! $2.266B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $49.48M | 52.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 2797617 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 341986 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |