The army of MYR shorts are now trapped in a 'prisoner's dilemma': should they try to drive the SP lower and risk selling cheap stock to less greedy fellow-shorters?
With 15% of MYR stock short, there will be a range of trading skill levels and strategies in play. Experienced shorts know to be wary of crowded trades.
We shall see.
Ash
Ann: Myer Update, page-39
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 (20min delay)
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Last
98.0¢ |
Change
0.010(1.03%) |
Mkt cap ! $820.8M | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | 98.0¢ | 94.5¢ | $1.060M | 1.084M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1100 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.0¢ | 27787 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MYR (ASX) Chart |