They will need to cover their shorts (buy the shares back) which pushes the price up. If gold also moves up and sentiment is more positive, it can happen quite quickly.
Chart request - RRL, page-102
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 (20min delay)
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Last
$2.12 |
Change
0.000(0.00%) |
Mkt cap ! $1.601B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.14 | $2.10 | $7.781M | 3.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $2.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.12 | 106064 | 8 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$2.11 |
Change
0.000 ( 0.90 %) |
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| Open | High | Low | Volume | ||
| $2.13 | $2.14 | $2.11 | 1431210 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| RRL (ASX) Chart |