You are 100% right. Downside is unlimited so need to be accurate. No way they shorted on results and with China deal in background - they knew. Unfortunately funding wasn't sorted.
I wrote this below on the 19th Oct.
1.1mn shorted yesterday which was about 20% of the trading volume from memory. This is highest amount of shorts I have seen in one day. It is not fundamentally based, as the results (cartilage regrowth), were outstanding. The shorts were working overtime to cap/take the momentum out of the stock. Note the random posters who all of a sudden appear from nowhere dropping nonsense into the threads. Luckily we have posters like @bedger. Anyway, let's hope funding is sorted in the next few months via deals .
You are 100% right. Downside is unlimited so need to be...
Add PAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $87.44M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 27.5¢ | 24.5¢ | $224.0K | 873.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 170003 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 36365 | 2 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
|
|||||
|
Last
25.5¢ |
Change
0.000 ( 0.83 %) |
||||
| Open | High | Low | Volume | ||
| 25.5¢ | 27.5¢ | 24.5¢ | 141920 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| PAR (ASX) Chart |