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
$2.90 |
Change
-0.070(2.36%) |
Mkt cap ! $8.656B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.91 | $2.84 | $26.31M | 9.158M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 59422 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 301260 | 38 |
View Market Depth
| Last trade - 13.14pm 02/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |