PLS 5.83% $3.07 pilbara minerals limited

So true! Seems some people are forgetting that with entry into...

  1. 705 Posts.
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    So true! Seems some people are forgetting that with entry into ASX200 from yesterday, there will be institutional holders/fundies needing to top up their portfolios. And they won't be wanting to pay top rates either- so some downward price pressure is inevitable at this point. I see that while shorting is down to 0.92% on 16th March 2021 (26, 654,505 million shares), gross short sales totalling more than 17 million were reported by ASX (around 15mill on Friday and 2.5mill yesterday). Once they get their fill I imagine SP will be heading back up. https://www.shortman.com.au/stock?q=pls and https://www.asx.com.au/data/shortsell.txt
    Last edited by danu01: 23/03/21
 
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