ADN 5.26% 2.0¢ andromeda metals limited

General comments/chat, page-24145

  1. 1,240 Posts.
    lightbulb Created with Sketch. 141
    Thats not how shorting works.
    Borrowing millions of shares requires margin. Its a lot harder to borrow $1m of shares than $1m of cash!
    You can dump and buy back, but that would have a net neutral effect on price. Same as buying then dumping

    The big shorter has put up millions of $ in collateral to short the shares.


 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.001(5.26%)
Mkt cap ! $62.20M
Open High Low Value Volume
2.0¢ 2.1¢ 2.0¢ $29.79K 1.490M

Buyers (Bids)

No. Vol. Price($)
1 8500 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 1006165 4
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.