My hunch is that the short position could be much more than 3.8M - perhaps 8M?
BA/ML(my guess) is only obliged to report its net short position to the ASX .
Which it did on the triple witching date 17 June 2022
On that date there was a large after hours XXT transaction of 8M.
My guess is that a hedge fund operating under the BOA/ML umbrella assumed a 8M short position.
That date coincided with gold's descent from $1872 to $1690
BOA/ML dropped under the substantial holder threshold (11M) on 17 Feb and have been selling down.
If so, the hedge fund has until 17 Sept to substantially cover their short position
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$1.35 |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 14552 | $1.34 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 27480 | 1.335 |
4 | 32154 | 1.330 |
1 | 730 | 1.325 |
2 | 32057 | 1.315 |
Price($) | Vol. | No. |
---|---|---|
1.345 | 52 | 11 |
1.350 | 3014 | 7 |
1.360 | 2460 | 1 |
1.365 | 5000 | 1 |
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