As a novice of the marketI would say ( IMO) that the majority of the shorts are not hedges but taking a punt on the underlying supply V demand of the commodity - Having said that they could be playing the sectors - eg short the woke economy long the status quo - lithium V oil as an example .
PLS chart, page-20786
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Last
$4.15 |
Change
-0.050(1.19%) |
Mkt cap ! $12.49B | |||
| Open | High | Low | Value | Volume |
| $4.18 | $4.19 | $4.13 | $81.93M | 19.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45688 | $4.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.16 | 78493 | 3 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$4.16 |
Change
-0.050 ( 0.52 %) |
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| Open | High | Low | Volume | ||
| $4.19 | $4.19 | $4.13 | 3824343 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| PLS (ASX) Chart |