That's extremely bad news for the shorters imho.
If LKE SP rises even when net shorts rise, what will happen when shorts start to cover?
I'm expecting an exponential rise in LKE SP, something like a +100% within a few days when shorts start to cover 20 / 40 / 60 million shares. And there will be still a lot of shares to cover.
Easiest 40 bagger, short squeeze imminent, page-485
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $55.06M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.3¢ | $57.10K | 1.721M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 2226630 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1067124 | 10 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LKE (ASX) Chart |