Shorting has terrible odds (unlimited risk, limited upside) and is inherently a short term strategy so those who suffer from gambling addiction often enjoy participating in this activity. I think the high risk of shorting a company like this provides them with a bit of a thrill. I can't understand any other reason why as the fundamentals are top notch and so all it would take would be for the company to really improve their investor marketing or release a major announcement, and this would rally. I certainly wouldn't touch it with a short, plenty of far better short opportunities out there imo
Shorts - general info, page-693
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Last
$17.38 |
Change
2.210(14.6%) |
Mkt cap ! $870.8M | |||
| Open | High | Low | Value | Volume |
| $15.20 | $17.71 | $15.16 | $5.878M | 346.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $17.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.39 | 100 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CUV (ASX) Chart |