Losing roughly 20% of your market cap having just shared two stellar announcements with the market is a little more than just lithium is down. At least we have a clear indication why short positions were increasing during the announcement period. IMO, institutions, late to the party, appear intent on transferring ownership from retail to themselves while making a pretty penny shorting. Good luck to them, I'm prepared to wait it out.
Good News & Bad News, page-32065
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Last
$3.05 |
Change
-0.100(3.17%) |
Mkt cap ! $9.185B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.15 | $3.02 | $74.55M | 24.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 89482 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 37502 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |