“If Coby and Dadi were able to meet with them and instill a confidence to hold the stock, it would make those short much more nervous in light of the commentary management have provided of the current operational environment and opportunity, I would think.”
Those lending the shares have already decided not to sell. Their call is to hold and receive income from lending their shares out. No amount of persuasion from Dadi or Coby will convince them not to make an income on those shares while they continue to hold.
Unfortunately, while this practice is legal we just need to accept it.
“If Coby and Dadi were able to meet with them and instill a...
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Last
$3.06 |
Change
-0.110(3.47%) |
Mkt cap ! $577.1M | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.21 | $3.03 | $1.196M | 386.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21368 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 3031 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$3.07 |
Change
-0.110 ( 2.75 %) |
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| Open | High | Low | Volume | ||
| $3.22 | $3.22 | $3.03 | 72319 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| WBT (ASX) Chart |