Think of their short position as a long position, why would you cut a long position to buy back in at the same price if you knew the price was going to continue up? You'd just wreck your avg cost and invoke a whole lot more risk on your money. The buying pressure would be the elusive announcements.
Think of their short position as a long position, why would you...
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $319.0M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.0¢ | $387.9K | 12.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 132 | 32722260 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 816559 | 6 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |