I think shorts are now trapped. For the last 30 days they managed to reduce their short position by 93k shares or 3.2%. At the same period the share price appreciated by 8.4%, from $14.25 to $15.45. I know that this correlation does not mean it is a causation we can prolong into the future, but an increased possibility. We were waiting for this trap, which was seemingly the only possibility to get rid of shorts, for a very long time and possibly it has finally arrived, thanks to the share buyback, more publicity and upcoming catalysts. Now the shorting could become a blessing.
I think shorts are now trapped. For the last 30 days they...
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 (20min delay)
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Last
$10.12 |
Change
-0.260(2.50%) |
Mkt cap ! $507.2M | |||
| Open | High | Low | Value | Volume |
| $10.58 | $10.63 | $10.09 | $1.117M | 108.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 297 | $10.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.20 | 360 | 1 |
View Market Depth
| Last trade - 16.10pm 01/07/2025 (20 minute delay) ? |
| CUV (ASX) Chart |