https://www.shortman.com.au/stock?q=a2m
Shorts will determine where ATM sp moves to next, I reckon and it's looking like it's headed higher.
Number of shorts (29m) today down to where they were in October 2018 - 20m covered at what must be horrendous losses as the sp moved from around A$9.50 to recent highs of $14.00.
So will shorters try to 'game' ATM sp again?
More likely the remaining shorts are hoping like hell for Jayne to sell so they can get relief - so stock is underpinned by short covering activity in the next few months at least.