Hi @Scrollonby
Would love some advise around shorting
I had been topping up as prices is dropping
With 700 millions share to cover and if we shareholders don't sell our shares, how are they going to cover it unless they buy at higher price. To cover those shorts, they might have to buy a lot. At the moment shorters look really confident and they are upto something, does the selling down that started from 37 cents give them enough room to cover even with some good announcements, share prices start rising ( considering the good case scenario)
Would really appreciate feedback
PS: I am definitely holding long term
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.9M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.7¢ | $1.670M | 60.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 323014 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 9080474 | 28 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |