IPD 2.86% 7.2¢ impedimed limited

The shorter has been counting on this - they really have to buy...

  1. 5,117 Posts.
    lightbulb Created with Sketch. 3111
    The shorter has been counting on this - they really have to buy back ~ 19 million shares.

    They must-
    Buy IPD shares on market, to close their short position.

    Hence the price capping .. (perhaps also some trolling though it really depends on the Fund holders )

    Nobody else has to buy shares other than the shorts nearterm although everyone is watching and monitoring for news, and signs of a turn etc.

    Analysts have briefed the brokers etc and major shareholders, longterm holders- and all are positive , although longtermers with gritted teeth and annoyance for where we are shareprice wise, again .
 
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Last
7.2¢
Change
0.002(2.86%)
Mkt cap ! $145.6M
Open High Low Value Volume
7.0¢ 7.3¢ 7.0¢ $40.87K 573.0K

Buyers (Bids)

No. Vol. Price($)
1 32736 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 99848 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
IPD (ASX) Chart
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