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
$4.40 |
Change
-0.100(2.22%) |
Mkt cap ! $1.589B | |||
| Open | High | Low | Value | Volume |
| $4.47 | $4.52 | $4.36 | $11.01M | 2.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13207 | $4.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.42 | 19062 | 4 |
View Market Depth
| Last trade - 16.15pm 23/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |