The short ratio appears to be coming back down - from a high of 12.5% on 22 Nov to 10.9% on 21 Dec - and has probably declined further over the last few trading days (for which data is not yet available).
http://www.shortman.com.au/stock?q=NEC
If news flow is neutral or positive over the next few months and the shorts continue to get squeezed as a result, we could easily get back to a share price of 1.30 or higher given the prospective dividend yield etc. Hopefully management can hold it all together.
Steady Rise, page-3
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Last
$1.28 |
Change
0.010(0.79%) |
Mkt cap ! $1.958B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.31 | $1.28 | $4.863M | 3.819M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 68389 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 25886 | 4 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| NEC (ASX) Chart |
