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.
Only desirable shares get shorted, page-6
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Last
$2.97 |
Change
-0.020(0.67%) |
Mkt cap ! $899.9M | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.00 | $2.92 | $2.182M | 735.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6487 | $2.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 1948 | 2 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| NAN (ASX) Chart |