Generally shorts on the rise for a long term hold would not be good. Shorting is essentially profiting on the SP going down.
However, having a shirtload of short positions having to cover after a Trading Halt, astronomical results, and SP boosts in a vertical fashion, would be a very good thing
Why IMU is a multi multi bagger, page-13858
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.5¢ | $379.9K | 6.840M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1581916 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 680013 | 6 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |