Going by your chart bungi, cumulative shorts in FMG is only 2% of overall share holdings. (correct me otherwise)
If you look at LYC/Myers/David Jones, their cumulative shorts went up to alot more and it still held. Yes they have to buy it back at some point but not necessarily measured in days, for me my GSL will hold for a month so I will take my time buying back my shorts.
Going to short this one all year long mate, unless it drops below $4.5 first.
Going by your chart bungi, cumulative shorts in FMG is only 2%...
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Last
$20.55 |
Change
0.195(0.96%) |
Mkt cap ! $62.65B | |||
| Open | High | Low | Value | Volume |
| $20.47 | $20.58 | $20.44 | $14.43M | 704.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4133 | $20.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.55 | 2866 | 8 |
View Market Depth
| Last trade - 10.41am 29/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |