Some forget that a percentage of the shorts are hedging on the Convertible Note.
They will not cover as note holders are price agnostic.
Actual "shorts" level probably closer to FLT.
https://www.investopedia.com/terms/c/convertible-hedge.asp
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 (20min delay)
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Last
$4.58 |
Change
-0.010(0.22%) |
Mkt cap ! $1.654B | |||
| Open | High | Low | Value | Volume |
| $4.59 | $4.61 | $4.55 | $11.40M | 2.486M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1148 | $4.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.61 | 12523 | 3 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| WEB (ASX) Chart |