A rapid rise in the share price as they start to cover. 10% would be hard to cover. 300m shares shorted. Volumes of 20-30m average. Imagine 300m shares wanting to be purchased quickly. I'd imagine if the share price reached $4.70/$4.80 then shorts would be looking to cover in rapid succession.
Good News & Bad News, page-33439
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Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |