The whole shorting situation is pervasive right across the ASX (as well as other markets) and I must admit I struggle to follow the logic behind how it is applied - the reasons/drivers of shorting behaviour seem so different in regard to different companies/shares. I agree with you on the first point in terms of their thinking but I can't see how anyone, shorters or otherwise, could come the conclusion that CUV are going to need to do a CR. Not with soon to be circa $200m in the bank.
The whole shorting situation is pervasive right across the ASX...
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Last
$13.99 |
Change
-0.490(3.38%) |
Mkt cap ! $700.3M | |||
| Open | High | Low | Value | Volume |
| $14.30 | $14.49 | $13.89 | $1.370M | 97.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1509 | $13.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.05 | 197 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| CUV (ASX) Chart |