The shorters are not controlling the share price of this stock. This is a false narrative created by the mindless uprampers. The short ratio for NVX is not that significant and has never even been significant enough for the shorters to control the share price. It is all about the fundamentals. Dig into US stock markets, if you want to see what shorting is all about.
And besides, why would a stock price decline 90% yoy, if the company had solid fundamentals, as some folks here claim? People are not idiots. There are people and institutions out there who are much smarter and better informed than anyone on this board, and yet the share price keeps dropping. Make your own conclusions.
Media Watch - NVX related, page-9265
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Last
81.0¢ |
Change
0.090(12.5%) |
Mkt cap ! $399.9M | |||
| Open | High | Low | Value | Volume |
| 79.5¢ | 85.0¢ | 79.0¢ | $7.840M | 9.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12298 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 20160 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| NVX (ASX) Chart |