And that, if you don't mind me borrowing the example Mitta, explains neatly why the majority of "shorters" will not need to cover, they already have.
Check the levels of short interest in Moly before and after their CP to instos earlier in the year and Lynas last Nov.
Win on the merry go round, win on the slides, easy.
tick tock bing, page-20
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Last
$7.83 |
Change
-0.065(0.82%) |
Mkt cap ! $7.309B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.87 | $7.77 | $1.905M | 243.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 672 | $7.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.83 | 5376 | 36 |
View Market Depth
| Last trade - 11.10am 02/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |