Stratex International Share Price (STI)

Not a share traded or a post on here in 7 days and it’s September.

Remember with high admin and costs Stratex lost £3.3 Million in the past 6 months. The cash balance is hopelessly inadequate at the moment.

Held and accumulated these shares over 6 years and watch them drop 90 %. Sell them last week for tax reasons and now they jump up 20 percent.

Lots of rumours circulating there is a naked short position here, before anyone pounces saying AIM stocks cannot be shorted, yes they can.

Probably explains the toxic Stratex bulletin boards and the abject failure of the bashers to accept the company is basically new, new BOD, new project, new ideas, as for the BOD being friends of XYZ, that is laughable. It shows how desperate the bears seem to be getting.

The question is how large is the short position (assuming there is one) and how will they close out?

Agreed Mannan