I’m not up with what shorters do particularly but as I understand it they borrow shares sell them off and thus they have the effect of lowering the share price as holders sell off mainly from fear.
But don’t shorters eventually have to buy back the shares in order to repay to the lender?In Cores case with close to 10% of shares being shorted won’t the shorters have to buy back soon particularly as we are going to be very profitable soon.
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-24403
-
- There are more pages in this discussion • 15,082 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $225.0M |
Open | High | Low | Value | Volume |
10.5¢ | 10.8¢ | 10.0¢ | $530.2K | 5.073M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
214 | 14378761 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 854495 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
212 | 14028761 | 0.100 |
11 | 457441 | 0.099 |
13 | 353111 | 0.098 |
6 | 369450 | 0.097 |
4 | 223581 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 854495 | 13 |
0.110 | 4596109 | 38 |
0.115 | 3079757 | 40 |
0.120 | 7897099 | 64 |
0.125 | 4405721 | 56 |
Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
SPONSORED BY The Market Online