Great post, couldn't agree more @Michaelirish. NAN have done what they can, all that's left is for it to show through in results.
It simply becomes a question of whether an investor wants to fight the 12% of the register held short, or not. Eventually such a high position held short will create some upward volatility if they're forced to cover, but how low will the SP fall in the interim? That's the issue holders have to satisfy themselves with. Personally I've chosen to sit it out.
Ann: Nanosonics Business Update, page-13
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Last
$3.03 |
Change
0.020(0.66%) |
Mkt cap ! $918.0M | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.08 | $2.97 | $3.793M | 1.254M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4405 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 8612 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NAN (ASX) Chart |