My guess (and it's only a guess) is for about 50% decrease in shorts when ASIC's reporting catches up with the 2-week mark at around 3 weeks from now. I also expect that the buying by shorts will bring upward buying pressure on the share price but not a large increase, because the buying by shorts will be partly offset by selling by index funds.
If holders hold tightly to their shares it will add support to the share price and help to increase it.
A good announcement from the company during this period could cause a much larger share price increase and produce much cheering in my household.
AIMO GLTAH
WBT4TBW
Short data on WBT, page-2284
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Last
$2.51 |
Change
0.030(1.21%) |
Mkt cap ! $474.1M | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.58 | $2.50 | $1.029M | 404.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1855 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 614 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |