MSB 3.76% $1.03 mesoblast limited

Short Squeeze, page-103

  1. 120 Posts.
    lightbulb Created with Sketch. 122
    While I agree with the consensus opinion that this rise is due to short covering.

    However, one thing continues to niggle me and that is why did the shorters not cover before the rebalance?

    Everyone (I'm sure the shorters were across it) knew that we were going to be saying au revoir to the ASX200 and the implications of that.

    So if it is a short squeeze I'm surprised that we didn't see it rise before the rebalance, or (with fingers and toes crossed) perhaps is there potential imminent good news in the wind?

    In reality I'm sure there is a rational explanation why they didn't cover before hand , I just can't see it.
 
watchlist Created with Sketch. Add MSB (ASX) to my watchlist
(20min delay)
Last
$1.03
Change
-0.040(3.76%)
Mkt cap ! $1.170B
Open High Low Value Volume
$1.07 $1.07 $1.01 $13.19M 12.81M

Buyers (Bids)

No. Vol. Price($)
3 61090 $1.02
 

Sellers (Offers)

Price($) Vol. No.
$1.03 239558 5
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
MSB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.