ADN 9.09% 1.0¢ andromeda metals limited

Bit new to this- can someone explain why short selling reduces...

  1. 37 Posts.
    lightbulb Created with Sketch. 13
    Bit new to this- can someone explain why short selling reduces the SP when there are other factors for value apparent (ML approval etc.)?
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $31.10M
Open High Low Value Volume
0.9¢ 1.1¢ 0.9¢ $503.0K 52.84M

Buyers (Bids)

No. Vol. Price($)
11 4749269 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 17804638 18
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.