"at 1.58%, it's pretty easy to cover their short position"
It is usually pretty easy to buy shares, whether to cover shorts or not. But covering nearly 2M shares at today's closing price would require over $5M. Add to that, there aren't even half that number of shares in the sell queue. Still pretty easy?
Short data on WBT, page-323
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Last
$2.44 |
Change
-0.060(2.40%) |
Mkt cap ! $460.9M | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.55 | $2.42 | $1.211M | 488.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2238 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 6688 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |