The percentage of short sale looks ridiculous. Yesterday, the short sale volume was 743,708. The volume for the day was low just like today. So, we have about 40% of the shares sold short each day during regular trading hours. The shorts will try hard to get a profit out the massive short sale volume they made when IGO was shorted down to 6.72. On that day I remember close to 8 million shares were sold short just in one day. This game will eventually end either with IGO go up 100% or more or it is a target of accquisition by another company or it can go bankrupt? This is very unlikely! The shorts have never been able to attack and bankrupt a company that is profitable and paying dividends.
The percentage of short sale looks ridiculous. Yesterday, the...
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Last
$7.95 |
Change
0.165(2.12%) |
Mkt cap ! $5.997B | |||
| Open | High | Low | Value | Volume |
| $7.86 | $8.02 | $7.84 | $16.21M | 2.048M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 11434 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.95 | 6506 | 19 |
View Market Depth
| Last trade - 15.26pm 03/05/2024 (20 minute delay) ? |
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Last
$7.96 |
Change
0.165 ( 1.98 %) |
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| Open | High | Low | Volume | ||
| $7.87 | $8.02 | $7.84 | 1693371 | ||
| Last updated 15.46pm 03/05/2024 ? | |||||
| IGO (ASX) Chart |