Another massive short sale day with 2,672,488 shares sold short. That looks like more than 50% of the shares sold short for 18/1. The shorts will keep this up to defend this share price level and try to drive it down even further. They commited to borrow nearly 20 million dollars worth of shares to to sell short. Today, IGO jumped early in the morning and was driven back down again. They will keep doing this until it's too dangerous with a big chance of a monster short squeeze. And the shorts often got in wrong in the past and suffered monster short squeezes.
Mentalist123, page-71
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 (20min delay)
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Last
$5.87 |
Change
0.040(0.69%) |
Mkt cap ! $4.445B | |||
| Open | High | Low | Value | Volume |
| $5.90 | $5.93 | $5.82 | $16.16M | 2.747M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8643 | $5.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| IGO (ASX) Chart |