I'm no investing expert but I have watched a recent short of kogan quite closely. the main learning I have is that 3% shorted can effect the SP significantly both on the way down and during any eventual squeeze. The 3% stat on shortman is the amount of shares loaned out, not necessarily the actual amount short sold.
kgn jumped around 40% during the recent squeeze. I followed the shorts on shortman and roughly 3% was handed back to the actual owners during the squeeze.
the next few months could be a wild ride.
This companies share price does not make sense to me., page-19
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Last
79.5¢ |
Change
0.010(1.27%) |
Mkt cap ! $3.407B | |||
| Open | High | Low | Value | Volume |
| 78.5¢ | 80.5¢ | 78.0¢ | $6.055M | 7.638M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 75842 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 15088 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |