140% occurred due to bought shorted shares being then further lent out to shorters who simply sold them over and over till outstanding share numbers exceeded total on issue. That was recognised as a result of naked shorting and news spread faster than the shorters could recover, leading to the inevitable squeeze. The authourities thought of every way they could stop the slaughter but laws got in the way to say nothing of public perception. Once the punters knew they simply refused to let out enough shares to cover and the axe fell. Not only that but many bought more small amounts competing with the shorters, pushing the price up further.
140% occurred due to bought shorted shares being then further...
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Last
$2.51 |
Change
0.030(1.21%) |
Mkt cap ! $474.1M | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.58 | $2.50 | $1.029M | 404.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1855 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 614 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |