The shorters mostly get it right. The short level doubled from July to Oct from around 6% to 12% and the share price ranged from around $9 to $6. Current short around 9.8% , the majority of shorters have yet to make any money and this is likely where they can push this share price lower. May eventually be a buying opportunity depending how low it goes. Which brokers hold these shorts. Is it those with a hold and buy rating.
Weekly Chart
$7.70 Target, page-16
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Last
$11.72 |
Change
0.090(0.77%) |
Mkt cap ! $1.869B | |||
| Open | High | Low | Value | Volume |
| $11.58 | $11.81 | $11.55 | $7.210M | 615.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 340 | $11.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.73 | 2019 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |