If shorting was part of the master hedging strategy, which wouldn't be surprising, you would think this marks the endgame. So if the major shorts close out, presumably the rest follow and the SP "rebalances" to more accurately reflect the company value and the bottom lin. You would hope.
MT Kellett ???, page-4
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Last
$6.26 |
Change
-0.150(2.34%) |
Mkt cap ! $5.870B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.25 | $8.354M | 1.329M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 13394 | $6.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.27 | 22417 | 59 |
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| Last trade - 15.10pm 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |