RE: Shorters26 Jan 2024 09:17
@PC
"if there is to be a big fund raise at say 20p, why aren’t new shorters piling in, selling at 32p?"
Answer
If you shortsell a stock, then you are short all the rights (no pun intended) that a stockholder has including dividends, spinoff shares, rights, warrants, whatever. You will owe the rights as well.
The shorters would have to secure the borrow - hope that answers your question clearly.
HTH