That's what we're all wondering.
FLT just put out a mostly positive trading update at the Macquarie Conference, SP is heading towards $21 today (after the Reserve Bank surprised the market with another 0.25% rate hike yesterday).
It will be interesting to see whether the shorts get a little froggy and start to jump - watch the short interest over the next few days.
Short squeeze, page-58
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Last
$16.12 |
Change
0.320(2.03%) |
Mkt cap ! $3.577B | |||
| Open | High | Low | Value | Volume |
| $15.90 | $16.14 | $15.73 | $19.99M | 1.239M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4590 | $16.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.12 | 2997 | 1 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |