Shorting has reduced from circa 6% to 4.8% over the last month or so. This equates to around 10 million shares being bought back. This explains the jump in share price.
i believe the market believes their Fy 24 results will be good and future prospects improving.
Chart Update, page-24855
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Last
$6.63 |
Change
-0.140(2.07%) |
Mkt cap ! $4.814B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.70 | $6.63 | $853.9K | 127.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 7379 | $6.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.64 | 4065 | 10 |
View Market Depth
| Last trade - 10.55am 01/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |