Momentum is now with the share price, even the computer traders will now be detecting it.
All we need are a few positives such as the continued rebound in the POO, $1 billion of asset sales etc.
The short squeeze will then be on, as shorters scrabble to buy 100 million shares, the shares will probably spike 100% in one day ( look at glencore). The stock will go into a trading halt, a 10% placement will probably be made to instos at $10, followed by a 1 for 4 rights issue at $10. I can hear those shorters squeeling now.
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$7.88 |
Change
0.020(0.25%) |
Mkt cap ! $25.59B | |||
| Open | High | Low | Value | Volume |
| $7.79 | $7.88 | $7.77 | $90.54M | 11.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6418 | $7.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.88 | 38642 | 8 |
View Market Depth
| Last trade - 16.11pm 08/08/2025 (20 minute delay) ? |
| STO (ASX) Chart |