Hi Slick, any chance you could kindly expand on why the impact would be a big negative over 3%? I don't follow this area at all, but even at current levels where we have c.3.4m shares short, it doesn't seem like a big deal? Say a $10 share price move either way is either going to lose you or make you c.$34m spread out over an unknown number for parties who comprise the shorts - doesn't seem that much in the grand scheme of things.
If a long insto shareholder went from 1.5% to 3%, I don't think the market would even blink.
Thank you!
NEU chart, page-1752
Add NEU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.86 |
Change
0.560(2.90%) |
Mkt cap ! $2.538B | |||
| Open | High | Low | Value | Volume |
| $19.80 | $20.00 | $19.40 | $3.777M | 191.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1060 | $19.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.87 | 209 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |