Been looking at this, it's a huge position that will need to be bought back. Doesn't necessarily have to be bought back on market though, if the company does a capital raise then shorters can purchase shares through there while also locking in a lower price for the shares which benefits them greatly.
So, with the expected loss this year what are the chances of them having to raise additional capital?
Been looking at this, it's a huge position that will need...
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Last
$20.05 |
Change
0.000(0.00%) |
Mkt cap ! $4.432B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $20.06 | $19.32 | $1.817M | 90.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 9104 | $21.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.58 | 28404 | 71 |
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| Last trade - 10.00am 29/08/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
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