That is not good for shorters, so I'm not sure why that is a justification. They want to sell high and buy back low - the lower the better.
Shorters short anything that seems wildly overvalued relative to its fundamentals, or companies that have a high likelihood of going bust.
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Last
$3.85 |
Change
-0.095(2.41%) |
Mkt cap ! $1.164B | |||
| Open | High | Low | Value | Volume |
| $3.93 | $3.93 | $3.82 | $717.2K | 185.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2625 | $3.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.85 | 4399 | 30 |
View Market Depth
| Last trade - 12.13pm 03/07/2025 (20 minute delay) ? |
| NAN (ASX) Chart |