mate I think you are getting a little distracted on this. The short position is now substantially less. It does not matter whether there is dilution or not. The percentage is substantially less. Also the… let’s call it value of shares being shorted is less. As an example on 24 Nov there was $78 million in shorts based on SP of $0.63 and 126 million shares shorted.
Based on numbers and the SP at moment there is $43 million worth of shares shorted. So both the percentage and dollar value has decreased substantially. Hope that helps.
General Discussion, page-1465
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $227.6M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $361.4K | 1.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 75849 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 299170 | 10 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |