Agreed with that take, but irrespective it will be difficult for the shorters to keep every bit of their paper profits now, this elevator is going up and everyone knows it.
I can't imagine it will be easy to manufacture enough selling volume to give them a happy way out. I figure they will need to push prices up - unless something unexpected helps their plight.
They should have used Syrah's poor performance to cover. From what I can tell they instead went in heavier on the downside.
Definitely looking forward to how it plays out from here
Agreed with that take, but irrespective it will be difficult for...
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Last
58.0¢ |
Change
-0.020(3.33%) |
Mkt cap ! $220.2M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 61.0¢ | 57.5¢ | $1.245M | 2.074M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 70853 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 27593 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TLG (ASX) Chart |