CU6 clarity pharmaceuticals ltd

As you say we will only know if Shorts were covered in a few...

  1. 5,168 Posts.
    lightbulb Created with Sketch. 2096
    As you say we will only know if Shorts were covered in a few days time, but up until 3 days ago the Short position was being aggressively increasing those last few days of reporting.
    In my rough guide i estimate around 6.57 million shorts were set between $1.50 - $2.00, with an estimated average price of $1.64. At today's closing price of $2.29 that would equate to a paper loss of $4.2 million unless covered during today (not including cost of borrowing) - but presumably some of those Shorts are just part of a much larger position that may include Shorts with a price up to about $8. Regardless I'm sure whoever is Short currently would be thinking more about closing out now!
    The fact that there was 21 million Shorts in place 3 days ago suggests there's still a lot more unwinding to do
    Last edited by longreach: 24/04/25
 
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(20min delay)
Last
$4.33
Change
0.000(0.00%)
Mkt cap ! $1.400B
Open High Low Value Volume
$4.31 $4.44 $4.20 $11.74M 2.723M

Buyers (Bids)

No. Vol. Price($)
1 5000 $4.31
 

Sellers (Offers)

Price($) Vol. No.
$4.34 132 1
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Last trade - 16.16pm 30/07/2025 (20 minute delay) ?
CU6 (ASX) Chart
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