They still have to buy back those shares to bank profits. In the meantime they are paying ongoing charges to the lenders. It can’t go on indefinitely.
Short data on WBT, page-2345
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Last
$2.05 |
Change
-0.090(4.21%) |
Mkt cap ! $387.2M | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.14 | $2.03 | $948.3K | 457.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 28125 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.11 | 4886 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| WBT (ASX) Chart |