The shorters have gotten hold of CXO, SYA, LTR and LKE and it's a huge bet on them being massively over priced. It's an eye watering amount they've borrowed, do the sums ... it'd be between $750mil and $1Billion depending upon when they started loading up, and it would have been at much higher prices than today.
They're paying huge interest too so either they're onto something or they've got it all wrong and the experts on here are right.
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-648
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Last
71.3¢ |
Change
-0.038(5.00%) |
Mkt cap ! $1.758B | |||
| Open | High | Low | Value | Volume |
| 72.5¢ | 73.0¢ | 71.0¢ | $4.029M | 5.591M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 469304 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 147282 | 27 |
View Market Depth
| Last trade - 13.10pm 02/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |