If the yanks are shorting the ADRs I would expect the strategy there is that they were expecting an imminent CR to start funding the DFS (tick). And will then cover off market at the discounted offer price, without any resulting increase in SP.
Which seems sensible really. Unlikely to be a short squeeze, just wall street parasites buying new yachts, and dilution for holders.
PLL - The shorts are here. Bullish sign for patient investors?, page-29
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.8¢ |
Change
0.013(10.9%) |
Mkt cap ! $52.16M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 12.0¢ | $172.0K | 1.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 190347 | 8 |
View Market Depth
| Last trade - 15.50pm 30/08/2024 (20 minute delay) ? |
| PLL (ASX) Chart |