Not arguing against what you state profit, but in the ASX short sell report for yesterday they state that about 85,000 shares of KAR's 221 million shares were traded yesteday in short positions. (about 0.3 of a percent)
http://www.asx.com.au/data/shortsell.txt
These stats alone do not sound like a short sell raid.
Is the data on the above ASX link above a bit dodgy / incomplete, or is my understanding of it out of whack?
bear raid?, page-20
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Last
$1.49 |
Change
0.013(0.85%) |
Mkt cap ! $1.178B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.50 | $1.47 | $2.149M | 1.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 101885 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 78313 | 28 |
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| Last trade - 12.11pm 18/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |