@Balduran did some analysis, and it seems most of shorts were taken below the current price.
https://hotcopper.com.au/threads/total-short-share-outstanding.5983043/page-455?post_id=53502657
most of todays trade was above what they were taken. Unless the price drops, these shorters are in trouble.
General Discussion, page-513
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $56.60K | 471.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 37983 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 10500 | 1 |
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| Last trade - 15.54pm 12/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |