Amount is irrelevant.
On the same day an LPD ann got 122 likes short sellers took up their position, fact.
Those short sellers made money, fact.
The rest of LPD holders lost money at the same time, fact.
They haven't closed out their position yet indicating they expect the SP to drop further, fact.
How do you know more short sellers won't pile on with this recent ann??
@Jasox has just indicated it's an incentive for short sellers to pile on.
Ann: Lepidico secures $7.5 million facility & 3B, page-45
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 (20min delay)
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $806 | 402.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 161 | 160901130 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 104779532 | 52 |
View Market Depth
| Last trade - 13.15pm 19/07/2024 (20 minute delay) ? |
| LPD (ASX) Chart |