The shorters' desperation is becoming quite hilarious actually. So where are we at?
1. They seem to be stuck and trying to throw the kitchen sink at it now.
2. There's a growing pile of shares they need to buy back to cover their positions.
This is not financial advice but if someone wanted to take an easy entry at the ~27c mark and sit and wait for a short squeeze, it would be easy money. If a big group of long term investors decided to buy on market on the next postive announcement then look out. Happy to be wrong.
General comments/chat, page-18954
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $265.3K | 16.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 9802121 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 719999 | 2 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| ADN (ASX) Chart |