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Not calling a squeeze, but I I'm thinking the recent shorting...

  1. 4,605 Posts.
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    Not calling a squeeze, but I I'm thinking the recent shorting has had an impact.

    Since the 22nd/ Feb there has been an increase in 259,000 shorts to 390,000, so I disagree that those shorters can easily buy the stocks back, they'll take a big hit if we can get the price back over $11.
    Current depth:
    https://hotcopper.com.au/data/attachments/3033/3033761-e0b457ce1a7288e587316eadfd75a603.jpg
    https://hotcopper.com.au/data/attachments/3033/3033769-d2b5cac27a36b9e06d482e8ac95c1632.jpg
    https://hotcopper.com.au/data/attachments/3033/3033805-67ee5e1642813d635c8d48bebc0a6987.jpg

    So a bit of good news will spike the share price and hopefully the shorters will close their position.... quickly!



    Price Vs Shorts
    https://hotcopper.com.au/data/attachments/3033/3033737-25a85b15e1f8eefd089fabead0db2b80.jpg
    https://hotcopper.com.au/data/attachments/3033/3033741-1de2ed5d5c051b7cdf48773ba250caac.jpg




 
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(20min delay)
Last
$7.82
Change
-0.030(0.38%)
Mkt cap ! $1.413B
Open High Low Value Volume
$7.85 $7.93 $7.81 $11.42M 1.459M

Buyers (Bids)

No. Vol. Price($)
12 19701 $7.81
 

Sellers (Offers)

Price($) Vol. No.
$7.83 48823 2
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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