Swoody I do not think you understand Shorting properly (The softness in the price is likely the shorters exiting)!!!
Shorters borrow another person shares and sell them on the basis that the SP will fall thus enabling them to buy back the sold shares and repay the lender as well as retaining the margin in the fall. If shorters are exiting they are buying shares at best available price which should help to increase the share price.
Swoody I do not think you understand Shorting properly (The...
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Last
67.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $769.0M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 67.8¢ | 67.5¢ | $1.329M | 1.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 112422725 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 23598499 | 106 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
67.5¢ |
Change
0.000 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| 67.8¢ | 67.8¢ | 67.5¢ | 2381628 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| TIE (ASX) Chart |