Seems a strange thing to say penny. Shorters aren't privy to negotiations between between WBT and other companies so why would 15 million shorts outstanding preclude a monster announcement being announced by WBT? Shorters sure as hell can get it wrong and when they do ... it can cost them big bucks as witnessed recently with Nvidia: https://www.bloomberg.com/news/articles/2024-02-23/nvidia-nightmare-causes-3-billion-loss-for-short-sellers.
News: WBT Weebit Nano Posts HY Loss Attributable A$25.2 Million, page-17
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Last
$1.85 |
Change
0.000(0.00%) |
Mkt cap ! $347.6M | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.87 | $1.82 | $186.4K | 101.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1480 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 3168 | 7 |
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| Last trade - 10.58am 04/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |