If the shorters have to buy shares to close their short position, wouldn't that cause a SP increase? I'm confused and this isn't the only time I've witnessed the SP decrease on good news. Definitely confused!
If the shorters have to buy shares to close their short...
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Last
$2.59 |
Change
0.110(4.44%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.61 | $2.51 | $42.19M | 16.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93711 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/08/2025 (20 minute delay) ? |
| RMS (ASX) Chart |