Not necessarily.
Not all items may have been reported correctly on that day, as not everyone would have correctly reported or allocated to IMUDA.
I would not consider the short positions to be highly accurate at times anyway.
There may have been a drop of 1%, but highly unlikely that the shorts would choose the specific day of consolidation to cover.However, given the small numbers of low pricing on that day due to confusion, it would be opportune to take it while it is available.
Note the low for the day was 0.34, which is 0.01 base, which would have been silly to miss, but the volume was so low, it would not equate to a 1% drop.
The disclaimer by shortman
Shorts details giving wrong impression- don't get sucked in, page-6
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Last
42.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.34M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 42.5¢ | 39.0¢ | $106.6K | 262.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 559 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 16517 | 2 |
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| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| IMU (ASX) Chart |