RE: Shorters closing14 Jun 2022 17:44
ok buckle up for this one, im looking at possible outcomes,
so they closed shorts while the msci sell off happened , a smart move just before the AGM just incase any sale news drops by the AGM, they have realised all that profit without any increase in SP,
rather than them knowing anything we should also be aware that if there is no news of substance on the sale by the AGM then there is a good chance the shorts will pounce once more, this could be a very bumpy rollercoaster ride all the way to a deal getting done, im mentally prepared for that scenario and will hold till the end,
the board will be very aware of this scenario, im hoping they will have some positive information to mitigate this should the sale be a little while away, i still have faith in them navigating the choppy waters, i still believe they are doing their absolute best and i wish them all the best of luck in pulling this off for themselves and the rest of us,
GLA