GXY 0.00% $5.28 galaxy resources limited

Firstly, I don''t trade, or particularly understand the finer...

  1. 58 Posts.
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    Firstly, I don''t trade, or particularly understand the finer details of short mechanisms, but find basic correlations between things interesting.

    This got me looking at GXY and other similar lithium companies and the history of when shorts have been loaded up and the impact of SP. Each company appear to change at slightly different values between 8-12%, but they do appear to have a pattern for when a particular % of shorts is reached. Got me wondering if 11.5% shorts could be an important level for GXY.

    For clarity, i do not trade, just learning (slowly) and researching, and I am interested in peoples opinions, or to shoot this down in flames as irrelevant.

    I do hold a small holding on a long term basis though.


    https://hotcopper.com.au/data/attachments/1593/1593101-e7cf0c18e53d5370296d6c0d38c4afba.jpg

 
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Currently unlisted public company.

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