This sustained short interest is making me suspect the short lending might allow the SP beat-down which would make it a ripe takeover target. Just a wild thought but a large capital holder (e.g. Brookfield 10%) could lend out a big chunk of shares for shorting quite comfortably. In a bear market it would seem pretty likely they would get good subscription.
Think I'll change sentiment to hold for a while and see if it gets sub-50.
Just my musings so DYOR.
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Last
$1.12 |
Change
0.120(12.0%) |
Mkt cap ! $151.3M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.22 | $1.09 | $2.810M | 2.482M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11000 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 2657 | 2 |
View Market Depth
| Last trade - 16.21pm 25/06/2025 (20 minute delay) ? |
| IFN (ASX) Chart |