Specific on LTR financing deal could run either way.
If a bank or larger company was confident to back the LTR funding required, funds to do so could be recovered by a share price increase via a short squeeze, after a successful funding round is announced.
Would that senario be considered "insider trading" if the institution that supplies funding brought up large prior , because they know that they are going to fund the deal themselves?
There's a lot of players in this space, including Hancock.
Does anyone have any suggestions on what the rules are here ?
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-3428
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Last
$1.03 |
Change
-0.015(1.44%) |
Mkt cap ! $2.521B | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.04 | $1.03 | $791.7K | 767.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 86198 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 36475 | 13 |
View Market Depth
| Last trade - 10.08am 17/06/2024 (20 minute delay) ? |
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Last
$1.03 |
Change
-0.015 ( 2.01 %) |
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| Open | High | Low | Volume | ||
| $1.04 | $1.04 | $1.01 | 324895 | ||
| Last updated 10.28am 17/06/2024 ? | |||||
| LTR (ASX) Chart |