Probably that UBS has covered to make a quick, big profit on the short.
An optimistic interpretation of the covering is that they do not anticipate much more downside to the SP. Of course that is a guess only, dyor etc etc
Is UBS Shorting IPH?, page-6
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Last
$5.95 |
Change
-0.040(0.67%) |
Mkt cap ! $1.584B | |||
| Open | High | Low | Value | Volume |
| $5.98 | $6.03 | $5.91 | $2.617M | 439.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1150 | $5.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.98 | 4835 | 3 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| IPH (ASX) Chart |