Interesting thought...for any company with a sizeable short against them, could someone like SOL/MQG go short-hunting by lobbing offers they know will get rejected purely for the purpose of causing an SP spike and a resulting short squeeze?
Maybe liquidity is the issue...the play works but they can't then offload enough volume to be worthwhile?
Would also have a bit of boy who cried wolf about it, couldn't do it many times before the market realised the TO offers had no follow through.
- Forums
- ASX - By Stock
- Ann: SOL: Non-binding indicative proposal to acquire Perpetual
Interesting thought...for any company with a sizeable short...
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PPT (ASX) to my watchlist
|
|||||
Last
$21.51 |
Change
-0.370(1.69%) |
Mkt cap ! $2.454B |
Open | High | Low | Value | Volume |
$21.60 | $21.71 | $21.47 | $5.864M | 272.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 989 | $21.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.60 | 2052 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 989 | 21.510 |
3 | 2645 | 21.500 |
1 | 1200 | 21.490 |
1 | 1100 | 21.480 |
2 | 1753 | 21.470 |
Price($) | Vol. | No. |
---|---|---|
21.600 | 1000 | 1 |
21.800 | 1000 | 1 |
21.890 | 680 | 1 |
21.900 | 1320 | 1 |
22.000 | 700 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
PPT (ASX) Chart |