The 10% is 10% of issued capital, or shares outstanding in the company.
This means a huge amount of shares shorted, and these guys can sell to their buddies from other shorters using algorythims,
which will bring the price down, during the trading day.
For some reason they chose CXO, probably because of the weak Li spot price a couple of months ago, and theyre still here.
The 10% is 10% of issued capital, or shares outstanding in the...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.7¢ | $1.346M | 13.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 452071 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2273869 | 37 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| CXO (ASX) Chart |