Short sellers will still need to close out their positions to make a profit.
Will they be able to do that at a profitable level given the number of shares needed to cover? I guess time will tell.
Lowering the SP has allowed a few LTHers to add to their positions with dividends. These shares (mine at least) will not be available on the market at a price for the shorters to make a profit.
GLTAH
Short sellers will still need to close out their positions to...
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Last
$2.74 |
Change
-0.110(3.86%) |
Mkt cap ! $8.249B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.80 | $2.66 | $184.4M | 67.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 238827 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 274109 | 7 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |