LRS 2.56% 20.0¢ latin resources limited

LRS General Discussion, page-15547

  1. 9,772 Posts.
    lightbulb Created with Sketch. 5209
    Agree with the short selling comments. Although can I add a little nuance to it:

    Our aggregate short position (current amount of shares held short) is low and has generally always been low.

    But occasionally we have days where fairly significant numbers of shares are sold short (for example on Friday we had 6m shares sold short. Obviously there were a few ppl who considered that action to be a pump - and they’ve ended up being right.

    So what (I think) is happening is that on days where shorters think our SP has been pumped too high or the lithium macro gets new bearish news, new shorts are opened up at the start of the day but generally closed out by end of day or possibly the next (hence aggregate shorts are generally less than 1% of SOI.
 
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Last
20.0¢
Change
0.005(2.56%)
Mkt cap ! $560.2M
Open High Low Value Volume
19.5¢ 20.0¢ 19.0¢ $7.396M 37.90M

Buyers (Bids)

No. Vol. Price($)
3 155000 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 6311996 51
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
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