AGY 13.6% 9.2¢ argosy minerals limited

What the strategy is with these shorts is anyone's guess. I...

  1. 34 Posts.
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    What the strategy is with these shorts is anyone's guess. I think it's very possible that it's the big boys who have gone long and are subsequently creating a hedge to protect themselves from further unfavorable lithium price action. Given shorts are evident across more or less the entire lithium market, I find it hard to believe these shorts are solely betting against the company; surely it's some form of married put/collar spread strategy to mitigate losses on their long position... just my thoughts - anyone else have any similar thoughts or perhaps rebuttal to this idea?
 
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Last
9.2¢
Change
0.011(13.6%)
Mkt cap ! $133.9M
Open High Low Value Volume
8.4¢ 9.6¢ 8.3¢ $761.7K 8.626M

Buyers (Bids)

No. Vol. Price($)
1 14047 9.2¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 10000 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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