I agree with most of the above, but as at 3rd Oct, there's still 1 million shares still short.
They've been trying to close out a few thousand each day, but are struggling big time due no sellers.
Looking at the charts, most shorters got in after the crash so they are already getting burned.
Unless they can scrounge up a block trade with someone...they are in deep deep trouble.
The calm before the $1.75 Bull Rush, page-2
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Last
69.5¢ |
Change
-0.005(0.71%) |
Mkt cap ! $120.4M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 70.0¢ | 69.5¢ | $47.82K | 68.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 69.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 31320 | 2 |
View Market Depth
| Last trade - 15.27pm 26/07/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |