I'm sticking with my totally negative opinion that shorters are BAD, and would even question the merit of relying on financial advice these days! Even some countries have now acknowledged the problem caused by shorting and have banned or limited its use. What will happen to LTR or a similar shorted stock if it needs to raise capital? Because of an artificially lowered SP, it must issue more shares than otherwise in order to generate the same capital value. Such dilution for existing holders is greater than it would need to be without shorting involved. I have many more concerns than just the dilution aspects.
I'm sticking with my totally negative opinion that shorters are...
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Last
$1.02 |
Change
0.020(2.00%) |
Mkt cap ! $2.472B | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.06 | $1.02 | $11.14M | 10.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 250765 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 109766 | 2 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |