Just to re-iterate a point that was brought up earlier, about 4% of OST was shorted 3 months ago and since then the SP has doubled and the % of shorters is now at 1%. Now, let's conservatively assume that only 5% (of the remaining 8.83%) of shorters are caught with their pants down when the TOL issue announcement comes out and $2 in the near term certainly becomes a possibility IMO.
short covering, page-6
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.72 |
Change
0.310(4.18%) |
Mkt cap ! $7.216B | |||
| Open | High | Low | Value | Volume |
| $7.46 | $7.74 | $7.46 | $15.65M | 2.044M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14728 | $7.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.73 | 4250 | 2 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |