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
0.160(5.84%) |
Mkt cap ! $8.731B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.90 | $2.80 | $106.1M | 37.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 325534 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 158813 | 18 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |