I am not totally accross how shorting works, but I am guessing this announcement is not good for shorters. How much of the increase is likely to be shorters covering before it gets too ugly and how much of this is a fundamental rerate of the business based on increased forecasts. I am guessing short covering is like a sugar hit until all the shorts are out of their position, but the true share value won;t be evident until after that.
I am not totally accross how shorting works, but I am guessing...
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Last
$4.58 |
Change
-0.010(0.22%) |
Mkt cap ! $1.654B | |||
| Open | High | Low | Value | Volume |
| $4.59 | $4.61 | $4.55 | $11.40M | 2.486M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1148 | $4.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.61 | 12523 | 3 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| WEB (ASX) Chart |