The shorts were 127,219,131 on the 28th Sep. They have been at these levels for a long time. The share price goes up and then it goes down for no obvious reason, even after good announcements.The PLS share price is not going to go up to fair valuations until these shorts lose their influence.
Does anyone know how the shorts exit? Obviously they have their entry price at $1+. One might have assumed they would exit gradually on the numerous share price dips ( stop losses etc) that have occurred but the short numbers remain fairly constant. Do they need (or engineer) a SP collapse to exit.
The shorts were 127,219,131 on the 28th Sep. They have been at...
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Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |