Can't comment on the short selling but I imagine WHSP would be wanting to do everything possible to help the company stay afloat (considering their large shareholdering). They can clip the ticket on the way by loaning EOS money to reduce their risk (from fees and high interest). It's a fine line obviously. You can't just screw EOS down so that they fail. But it does put pressure on EOS to achieve the cost savings its outlined in the restructuring. NTA now sitting around the CR price of $1.20, so pretty cheap at 50c. Still a lot of risk, but not so bad if they have a willing partner.
Can't comment on the short selling but I imagine WHSP would be...
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Last
$1.50 |
Change
-0.030(1.96%) |
Mkt cap ! $289.4M | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.53 | $1.49 | $382.3K | 253.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1187 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 344 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| EOS (ASX) Chart |