Just taken a look at the short selling charts for TIE . Around the end of May to early June 2023 the average short selling was running at approx 2% From then on , up to Oct 2023 the number of shares sky rocketed to 7.6%.
I couldn't fathom it out at the time why so many shares were being shorted. Deespite early production targets being missed , this company is one of the best risk / rewards on the ASX IMO . Well we all know now who was doing the majority of the shorting and will continue to suppress the sp until at least 14th December . I watched the new documentary movie ' Dumb Money ' last weekend re counting the events surrounding Gamestop and the short squeeze by Mum and Dad investors . It would make my day if we could teach these big corps a lesson or two more frequently . It may make them think twice about sp manipulation
Just taken a look at the short selling charts for TIE . Around...
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Last
67.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $766.4M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.5¢ | 67.0¢ | $1.318M | 1.967M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 12199959 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 622398 | 14 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
67.3¢ |
Change
0.000 ( 0.36 %) |
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| Open | High | Low | Volume | ||
| 67.3¢ | 67.3¢ | 67.0¢ | 215523 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| TIE (ASX) Chart |