So you were a one man band trying to buy enough shares to “ burn shorter “ I can’t possibly see how Shorters get burnt when they know what’s coming well in advance .. unless I’m missing something , the only way they could get burnt is an announcement out of left field about a Take over offer at let’s say a $1.50 … but they already know that’s highly impossible anyway … well at least not until all issues are resolved and all offtake obligations can be met e.t.c e.t.c … hence they’ve still got time to buy back loaned shares and by the sound of it .. I think it was Regal that said , they’ve just been given the opportunity to buy back the whole 200 mil shorted shares in one hit …and can hand them back to State Street in a couple of weeks time … if i’m understanding it correctly… then hopefully they go play somewhere else because all bad news is out and the CR was the last of it .. like I’ve said I really haven’t much of a clue how it all works… but you’d think their comes a time when State Street don’t loan out again , because they wouldn’t want the SP to stay down at 40c when they are also down a considerable amount from when they bought … so when the dust settles and everyone has their new shares .. the pumping begins .. we’ll see by mid September I reckon .. well I’m hoping that’s what’s going to happen ..as always GLTAH
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $257.1M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 11.5¢ | $805.3K | 6.705M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2690427 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 3636044 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 64860 | 0.120 |
62 | 7226990 | 0.115 |
109 | 5851480 | 0.110 |
72 | 4798521 | 0.105 |
137 | 10448934 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 3754763 | 32 |
0.130 | 3730978 | 34 |
0.135 | 4682763 | 46 |
0.140 | 3188757 | 35 |
0.145 | 1956275 | 31 |
Last trade - 11.01am 10/10/2024 (20 minute delay) ? |
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