someone with an agenda and very deep pockets is trying to keep the share price down. Similar situation at PLS. Someone wants to avoid that Lithium projects are taking off. So who could that someone be ? In my opinion no private person nor hedge fund, bank etc. would ignore the facts so bluntly and pour money into shorts which costs fortunes at lending fees and most probably will never be recovered. So someone is trying to buy time... For me it is clear, only a government with an agenda is willing to spend such money while knowing it will be lost. But for the protection of their industry and keeping their monopoly in place. But as previous posters already mentioned, time is running out for them...
Today another 6,859,186 non-aggregated daily short sales ( source: www.shortman.com.au )
ASX Today, page-40935
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Last
93.5¢ |
Change
-0.050(5.08%) |
Mkt cap ! $2.266B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $49.48M | 52.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 2797617 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 341986 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |