if you think about 20% short interest , they have to buy back billions , most top 20 shareholders are not traders so that eliminates a large percentage of tradable stock , then add to that pls is asx 50 company so any uptick in price results in more etf buying if they buy back they drive up share price , any uptick in lithium results in general market buying , the shorters are in a real pickle and need a black swan even to cover or lithium which is at a low price to drop significantly imho
Good News & Bad News, page-43044
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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 |