Completely agree.
The notion that the shorts are going to lose money too is not likley.
They will be able to buy back all the shares they have borrow at a lower price, so no issues.
I do agree that they are closing their positions now, but by no means going to be squeezed and lose money.
Completely agree.The notion that the shorts are going to lose...
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Last
74.0¢ |
Change
0.040(5.71%) |
Mkt cap ! $281.0M | |||
| Open | High | Low | Value | Volume |
| 71.5¢ | 74.0¢ | 70.5¢ | $289.2K | 401.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8275 | 71.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 15473 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
73.5¢ |
Change
0.040 ( 4.46 %) |
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| Open | High | Low | Volume | ||
| 72.0¢ | 73.5¢ | 71.0¢ | 157799 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| TLG (ASX) Chart |