It’s probably reflective of what bigger money (in general) is doing with lithium right now - I.e. they still view the potential for further downside as outweighing the risk of upside catalysts in the short term.
Also, a significant amount of the short money is probably related to funds with a short mandate - I.e. shorts view lithium as the best place for capital looking to short a sector of the market - it’s difficult to find another sector to short given equity markets are back in bull mode.
It’s probably reflective of what bigger money (in general) is...
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$3.02 |
Change
-0.040(1.31%) |
Mkt cap ! $9.090B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.11 | $3.02 | $55.82M | 18.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 424619 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 17344 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |