Archieus,
While possible, I'd guess highly unlikely that shortsellers bailing caused the volume. Historically they've held only fractions of a percentage of stock.
It should be noted that,
Data graphed above represents aggregate short sales, provided by ASIC with a lag of 4 trading days (T+4).
https://www.shortman.com.au/stock?q=88E
May be worth chasing up for further clarification in a couple of days.
Even the OTC showing a small pool of shorts.
https://otcshortreport.com/company/EEENF
Just my thoughts.
Cheers
Is 88e a Ponzi scheme?, page-127
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 (20min delay)
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Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $72.23M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $12.50K | 4.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 246 | 349854223 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 683433230 | 230 |
View Market Depth
| Last trade - 11.25am 26/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |