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.
Not sure how plausible that theory is. Have a closer look at...
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Last
$1.51 |
Change
0.160(11.9%) |
Mkt cap ! $1.644B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.53 | $1.37 | $17.14M | 11.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 67278 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 10526 | 9 |
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| Last trade - 13.20pm 04/10/2024 (20 minute delay) ? |
| MSB (ASX) Chart |