There is a 4 day lag (T+4) on net short positions provided by the ASX.
But as of 18th April, 4.59% or 19.6m shares that need to be purchased to unwind all short positions.
So they are hoping we sell now so they can realise their losses at reasonable prices.
If however further positive news comes, they will have no choice but to buy on market to cover their positions.
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MSB
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0.92%
!
$1.62

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Last
$1.62 |
Change
-0.015(0.92%) |
Mkt cap ! $2.063B |
Open | High | Low | Value | Volume |
$1.63 | $1.65 | $1.60 | $6.671M | 4.132M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25 | $1.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.62 | 52401 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25 | 1.610 |
4 | 6547 | 1.605 |
24 | 318780 | 1.600 |
6 | 100980 | 1.595 |
13 | 60834 | 1.590 |
Price($) | Vol. | No. |
---|---|---|
1.620 | 52401 | 4 |
1.625 | 14184 | 2 |
1.630 | 24000 | 2 |
1.640 | 10600 | 2 |
1.645 | 62129 | 2 |
Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
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AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
SPONSORED BY The Market Online