No, shorts would never cover at a higher price and short positions in Regal are negligible anyway - currently at 1.51% and you need to be 2.47% to even make it into the top 100 ASX most shorted.
Interestingly Genesis has rocketed up to #2 on 9.66%, I gather the market is smelling more M&A requiring an equity raise from them. Other appearances are Tietto at #17 (significant grade/ramp up issues), Capricorn at #59 (premium valuation) and Bellevue at #73 (build risk, possible funding gap).
Despite the high institutional ownership, Regis is nowhere to be seen.
No, shorts would never cover at a higher price and short...
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Last
$1.68 |
Change
0.050(3.08%) |
Mkt cap ! $1.265B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.69 | $1.62 | $7.424M | 4.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 19775 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 15224 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |