Unfortunately I agree - FLT has been shorted company number one for years now so being highly shorted is not proof of an immanent closing of positions .
I would have thought at these prices we may have possibly had a serious company appear on the share register which would help the SP a lot.
As you know I believe the failure of our CEO to partner with Tesla back last year (and by that I don't just mean offtake) has had a serious impact on the way people view CXO. We are also yet to see any rewards come out of the 100 million CR. We may see in the future but nothing so far. Unfortunately this CEO has left it too late to do anything about perception of this company in the eyes of the BEOT and I have to wonder if they knew when he was a appointed that he was in over his head.
Unfortunately I agree - FLT has been shorted company number one...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.3M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 11.0¢ | 10.0¢ | $1.502M | 14.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 5970714 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 250000 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |