I suspect those that put 51M short in yesterday have no intention of letting this run too quickly.
PLS PILBARA MINERALS LIMITED FPO 51,222,941 2,994,631,097 1.71
https://www.asx.com.au/data/shortsell.txt
Basically a doubling of the total shorts.
This is basically a common practice by hedge funds when they know there are forced index buyers on a certain day. They got a nice high price at the close and probably shorted again on open. Will take a while to settle down, though they would have closed a decent amount on the lows today.
I suspect those that put 51M short in yesterday have no...
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Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |