"The shorters will have to push the price up if they want to buy more.
They can only buy by using the method of two steps up one step down"
You forgot to mention there is another way to cover and that is to cover off market after a placement t0 instos and sophs to raise capital.
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-61
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Last
$1.25 |
Change
0.035(2.89%) |
Mkt cap ! $3.018B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.29 | $1.24 | $21.96M | 17.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 114000 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 31956 | 1 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
0.035 ( 3.71 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.29 | $1.24 | 3410641 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| LTR (ASX) Chart |