Not sure how plausible that theory is. Have a closer look at shorts data, and how shorting works. All suggest shorters will sit back now till there is a price increase, and if they are competing with fundamentals, you will still see underlying SP will likely keep creaping up (IMO in absence of fda developement, type A meeting), just like last 12 months, but with overlaying peaks and troughs. For mid-long term holders, then that is what matters, underlying support.
MSB Charts, page-889
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Last
$1.03 |
Change
0.080(8.42%) |
Mkt cap ! $1.176B | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | $1.03 | 95.0¢ | $43.38M | 42.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 72752 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 205100 | 2 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| MSB (ASX) Chart |