MSB short position as of 24th Jan is over 10%. Whether the Australian market is capable/susceptible to short squeeze as in USA (like in the case of GME) is to be seen but MSB seems in a perfect position for this. Even without any social media campaigns like in GME, some positive news can trigger an upward momentum. Not sure whether the fluctuation on Friday is any indication or just a reaction to the results!!
Short position- MSB 3rd most heavily shorted ASX o share
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Last
95.0¢ |
Change
0.025(2.70%) |
Mkt cap ! $1.084B | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 96.8¢ | 93.5¢ | $4.207M | 4.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42268 | 94.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 48002 | 3 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MSB (ASX) Chart |