NightStalker, you are right we might not see all short covering on the ASX.
However once a positive decision on the TOL has been made, Morgan Stanley would want to sell to shorters only at a price which reflects a revalued LYC after TOL.
Maybe we won't get the big short term squeeze but a slower more prolonged climb to a real value level.
NightStalker, you are right we might not see all short covering...
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Last
$6.05 |
Change
-0.010(0.17%) |
Mkt cap ! $5.655B | |||
| Open | High | Low | Value | Volume |
| $6.00 | $6.10 | $5.97 | $26.46M | 4.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 849 | $6.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 10260 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |