"If shorters opened their shorts this week PLS was trading $4.80 in August 2023 that would be up 80% on their positions on a rough estimate."
I have been trying to understand what you mean, but I can't.
"If shorters opened their shorts this week" to me means if shorters did short-selling this week. And if that is what happened, then it is illogical "that would be up 80% on their positions on a rough estimate."
You don't seem to understand the meaning of opening a short position.
This is from FXopen website:
"Opening a short position or going short means selling an asset."
PLS chart, page-22714
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 163532 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 44591 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |