"I actually think these guys are running out of shares to dump."
Shorters can sell more than the allotted shares held by a company. This happened when BTA went to the USA and they couldn't provide script to cover the short sales( I don't know what the outcome was of that) . So the shorting can carry on for a long time, saying that it doesn't appear to be shorting that is holding the Company back. I would guess that there may be better options out there to park money in other stocks! When Alk does take off I think it will take everyone by surprise and I don't think it's too far off( fingers crossed).
CONFUSED
"I actually think these guys are running out of shares to dump."...
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Last
47.0¢ |
Change
-0.010(2.08%) |
Mkt cap ! $282.1M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.8¢ | 46.0¢ | $661.4K | 1.400M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 232730 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 142812 | 12 |
View Market Depth
| Last trade - 13.52pm 29/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |