Someone, or more than one party is still short over 4m shares! Selling to them tomorrow or at these levels is just handing them an off ramp. Hold tight and hope one of several possible announcements drops sometime soon. Coby & team will be feeling the heat today and I imagine would be very keen to drop some positive news as soon as they can. We just need to be patient. The story hasn't changed.
Shorts as at Fri 17th was 4,632,077
We know yesterday was another 1,254,258
Total 5.88m
and total shares traded Mon-Tue was only 1.765m
Mon 1.1m
Tue 665k
So unless my calculations/ assumptions are wrong there should be at least 4m still shorted.
Only one way to close a short and that's to buy them back. They're not getting mine.
This is not financial advice, just my opinion. GLTAH
Short data on WBT, page-659
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Last
$2.51 |
Change
0.000(0.00%) |
Mkt cap ! $474.1M | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.56 | $2.50 | $658.3K | 260.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.53 | 3114 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |