AKE
Click for more information
0.00% $9.83 allkem limited

Hi B,I think that about half of the 3% drop is due to the...

  1. Noapparentmeansofsupport
    124 Posts.
    lightbulb Created with Sketch. 10
    clock Created with Sketch.
    22/09/20
    12:11
    Post #: 47530541
    Hi B,

    I think that about half of the 3% drop is due to the additional 50M shares being added in the Shortman records.

    There was 10% short of 260M being 26M short.
    When the 50M were added those same 26M short represented 8.5% (26/(260+50)).

    Today there is 7% short of 310M being 22M.
    So, the number of shorts reduced recently is 4M.
    ORE Price at posting: $2.71 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

NEWS Car EV-olution accelerates Oz into pole position
right-arrow Created with Sketch.
NEWS Dancing to that same 70s tune, China, and why I'm backing gold
right-arrow Created with Sketch.
NEWS Week 18 Wrap: Fed prompts joy and pain; modern monetary theory gains traction & Brent takes a breather
right-arrow Created with Sketch.
HAR Termites show Haranga the way to 8th uranium anomaly at Senegal's Saraya
right-arrow Created with Sketch.
BPH BPH Energy renews NT Bonaparte Basin permit
right-arrow Created with Sketch.
CC9 Chariot Corp reports high grade lithium pegmatite intercepts
right-arrow Created with Sketch.

Top Stories

watchlist Created with Sketch. Add AKE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.