Every single stock that got targeted by shorters for being stupidly overvalued had hot copper posters saying exactly what you're saying. While I don't actually think it is stupidly overvalued they might, it's certainly price for perfection
I personally don't think shorts will load up on this but who knows, it really doesn't matter anyway it Will all come down to the next trial results. Good results and this is going multiples higher over time. Bad or even average results and it will gap down just a question of how far. Large shorters Play the odds like everyone else, they win on some, they lose on others, it will be interesting to see whether they decide to have a bet here
CU6 - ASX Charts, page-905
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Last
$7.20 |
Change
0.190(2.71%) |
Mkt cap ! $2.305B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.34 | $6.95 | $5.698M | 788.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16776 | $7.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.27 | 197 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |