the short positions have been accumulated since $1.80 so unless this suddenly sprung to $1.40ish there would be no squeeze.
I assume the average short price is about $1.25
Just calming expectations, this will be a slow grind back over a number of years and coming out of the global financial mess at the moment.
it’s been a great lesson in how we (retail) are at the mercy of the fat cat instos. Just have to wait until they want this pumped up or lose interest.
Banter and general comments, page-24107
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $312.1K | 2.989M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 217 | 12598735 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 795015 | 23 |
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| CXO (ASX) Chart |