It's all in the contracts at the end of the notice.
its an unlimited timeline and yes, in my view the same share can be shorted over and over meaning the actual short position in reality could be as low as 5%. But they aren't at risk to the retail buyer, just the fund needs to buy them on market to return them but while it's driven down it makes it cheaper at the start of the unwinding process. How long that takes and where the price goes is more or less driven by the fund analysts and the progressive announcements along the way.
all just my opinion. I think everytime I buy I'm creating more ammo to go lower but I do think if enough dry up, we may see a sharp rerate.
It's all in the contracts at the end of the notice. its an...
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Last
$2.31 |
Change
-0.010(0.43%) |
Mkt cap ! $436.3M | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.35 | $2.30 | $611.1K | 262.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 29735 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 2938 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |