Okay, fair points.So in effect this means that if there was a reduction in shorts it has nothing to do with the exit of CXO from MSCI small cap index.
The reason is something else entirely.
More likely the uncertainty of what will happen to the spot price once market reopens post CNY as another posted, as well as shorters having not much further profit to gain through lower SP given how far its fallen and how low Market Cap is.
SYA also has a large short % and was up 18% today. I guess the difference to PLS which has highest large shortest % of lithium stocks and went down today is that CXO and SYA have fallen substantially further than PLS has.
Okay, fair points.So in effect this means that if there was a...
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $320.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.8¢ | 14.5¢ | $3.130M | 20.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1318338 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1101958 | 28 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
15.3¢ |
Change
0.005 ( 7.09 %) |
||||
| Open | High | Low | Volume | ||
| 14.5¢ | 15.8¢ | 14.5¢ | 8286524 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| CXO (ASX) Chart |