@pastperformer
Those shorting LTR would just love a big cap raise wouldn’t they PP, because they cannot buy back the shares to return any other way yeah?
How about this. Just don’t short in the first place, find another meaningful way to make money, and then shorters will not find themselves in this stupid position in the first place. Simple.
There will be NO cap raise to help out the shorters. I’m sure management will be aware that having a cap raise to help shorters cover is playing straight into their hands, because if it worked once they will do it again. Once they cover and the share price rises which it will naturally all by itself, then the hedge funds will just do the same thing all over again.
@pastperformerThose shorting LTR would just love a big cap raise...
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Last
82.5¢ |
Change
-0.005(0.60%) |
Mkt cap ! $2.000B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 81.3¢ | $9.042M | 10.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 131414 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 31205 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |