PBH was used along with ZIP as the whipping boy for rising US Inflation and now Inflation has dropped sharply for the first time in 18 months shorts have to cover.
PBH short is at Least $60m or 20m shares.
I say about 30% have to becovered to lock in profit and protect winning short positions from last 18months. That 7m shares they need to find and fast.
with only 600k on screen could take days a few share spikes to find them. I will call $4.00 by weeks end. Big call but once it breaks $3.30 shorts will be scrambling like crazy with so few shares available.
Short squeeze time.
PBH was used along with ZIP as the whipping boy for rising US...
Add PBH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.5¢ |
Change
-0.025(5.10%) |
Mkt cap ! $151.3M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 46.5¢ | $518.1K | 1.089M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 456243 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 5662 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
|
|||||
|
Last
46.5¢ |
Change
-0.025 ( 5.22 %) |
||||
| Open | High | Low | Volume | ||
| 49.0¢ | 49.0¢ | 46.5¢ | 382389 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| PBH (ASX) Chart |