Well Kikker each to there own, if you are certain there is no short squeeze happening.
I'll continue to post under this thread as some here may be enlightended.
Can you advise me how the short tally is going to be reduced as what I see is at best a cover of roughly 1.4 m LTR returned daily.
Because there is very low liquidity this is the first difficulty that the short team will have in trying to stop the SP running away for a looming and necessary exit for the shorters.
They have already tried to exit once which is very obvious but only dug themselves a deeper financial hole.
IMO any setteled holder atm has a mortgage over the short held tally, this is all extra value to each LTR share (long) to what you perceive as a 27 cent loss per share over the last 2 weeks.
Lets see I am very confident and I hope you dont mind me having an opinion
Cheers and Kindest regards Grasschoppa
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-663
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Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 472933 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 446423 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |