Like the way you think, way way out of the box.
I left a week ago and the ten days prior to that saw no reduction in the short position and I think you’ll find that it heavily increased after the SP tagged .13 a few times.
Thing is, I wouldn’t even be worrying about it and just keep an eye on it for any significant changes. We used to watch it a lot as we were hoping to see a 107 mill reduction when the Hopper transaction got closed but since that position got increased and extended it just gave the green light to others to hop on.
I think folks not aware of what’s gone on keep hanging onto the idea that there will be a short squeeze to close the huge position and that’s just not the case. IMO.
Trade the trade then focus on the next one.
Cheers.
Like the way you think, way way out of the box. I left a week...
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Last
8.2¢ |
Change
0.003(3.80%) |
Mkt cap ! $600.2M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.4¢ | 7.9¢ | $1.166M | 14.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 409605 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 787931 | 5 |
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| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
8.3¢ |
Change
0.003 ( 4.93 %) |
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| Open | High | Low | Volume | ||
| 8.0¢ | 8.4¢ | 8.0¢ | 4842402 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| IMU (ASX) Chart |