When you short you sell at a high price with the expectation of buying them back later at a lower price
They have sold in at $3 or thereabouts and would expect to buy them back later cheaper - if the price goes up they will be forced to buy them at a higher price and they will get burnt
If they go down they buy them back cheaper and make a profit - up to them how they cover
Ann: Change in substantial holding, page-14
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Last
96.0¢ |
Change
0.005(0.52%) |
Mkt cap ! $2.315B | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 98.0¢ | 95.5¢ | $3.577M | 3.691M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 138039 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 111722 | 10 |
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| Last trade - 10.11am 03/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |