agree. A similar event here in my view is never going to happen.
But that said, there is still a sh*t load of short positions open on A2M and eventually those will need to be closed. Agree they have done very well to date, but have already missed out on a decent chunk of profit if they didn’t sell at recent lows.
It seems highly likely that guidance will be met, which I personally believe will add a further premium to the share price, if they haven’t closed their positions by then, the process of closing those positions is only going to add more fuel to the fire in assisting to push the share price push higher.
SHORT SQUEEZE, page-6
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Last
$4.92 |
Change
-0.360(6.82%) |
Mkt cap ! $3.562B | |||
| Open | High | Low | Value | Volume |
| $5.30 | $5.30 | $4.89 | $27.96M | 5.591M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 714 | $4.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.93 | 10183 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |