I'm surprised you would sell having hung on for so long?
The shorts are holding firm at this stage, but looking at the Shortman graph, it seems the vast majority of the 75 mill+ Shorts were taken up as the shareprice moved from $4 down to $3. Many were added as the share price bobbed along around the $3 mark.
They must be feeling an awful lot if o ensure to cover right about now.
With life back in the prices of both gold, and especially Ni, and with full production expected from Nova from this month onwards, added to the number of shorts that need covering, I think there is a lot to be bullish about.
Milesy
opportunity?, page-356
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Last
$5.09 |
Change
-0.110(2.12%) |
Mkt cap ! $3.937B | |||
| Open | High | Low | Value | Volume |
| $5.11 | $5.20 | $5.09 | $15.77M | 3.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 44376 | $5.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.10 | 48941 | 4 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| IGO (ASX) Chart |
