IMO its a combination of shorts and bots working together, short stop it from rising, bots grind it down, let it run up and make a few cents (range trading) then repeat the process. One thing I can say is retail investors certianly not in control, we have to follow what the BEOT is doing or just sit it out until they get their fill.
Why is PLS so short sold?, page-2
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 (20min delay)
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Last
$3.94 |
Change
-0.060(1.50%) |
Mkt cap ! $11.85B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $3.98 | $3.92 | $45.64M | 11.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 124367 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 285456 | 7 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$3.94 |
Change
-0.060 ( 1.94 %) |
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| Open | High | Low | Volume | ||
| $3.97 | $3.98 | $3.93 | 3821476 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| PLS (ASX) Chart |