RE: Short position15 Jul 2023 15:16
Got to agree with TT with this statement.
“Some of the major GGP sp growth catalysts are now becoming so compressed, in timeframe terms, that when it happens, it'll catch a load of people out, including the shorters”.
The spring is now so tightly compressed, when it rebounds I would think that the climb in sp will be nothing short of stunning, possibly even doubling in a day. The bonus is we are now part way through the September quarter which should start the flow of favourable news. Those of us that are in already can just sit and wait. The ones that are out and hoping for a lower sp are running out of time and anyone waiting to buy to close a short are in the same position. I suppose realistically , when Shaun announces the ASX listing they have two weeks to buy in or buy to close before we vote………unless on that announcement the move North starts.🤔