Shorts are working overtime trying to convince everyone to sell their shares - this is what’s happening here
the size of the short position is more than 10% (21m shares) which tells you that the bet was on another capital raising for FLT… which is clearly no longer needed
buying back over 20million on the market is problematic…
FLT Shorters, page-13
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Last
$22.21 |
Change
0.650(3.01%) |
Mkt cap ! $4.909B | |||
| Open | High | Low | Value | Volume |
| $21.68 | $22.21 | $21.52 | $19.30M | 877.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7599 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.22 | 107 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FLT (ASX) Chart |