I think he's over-egging the pudding. It's been mentioned by theloft and others that you can short ADN at 8%. The SP when this second wave of shorting started was about 17c. If that's their average then the annual cost of shorting 1 million shares would be $13,600 per annum. For 45 million shares it would be about $610,000pa or $12,000 a week.
General comments/chat, page-28122
-
- There are more pages in this discussion • 16,580 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
-0.001(5.88%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $10.17K | 1.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 14954233 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 18530586 | 22 |
View Market Depth
| Last trade - 14.32pm 11/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |